
26 June 2024 | 11 replies
(IRS provides tables to calculate the amount(s) based on your life expectancy each year.)

25 June 2024 | 1 reply
Before moving forward, I'm seeking advice on the best next steps.Contractor Estimates: Should I get a contractor to inspect the property and provide an estimate for the repairs?

25 June 2024 | 1 reply
Networking with local investors can provide valuable insights and potential mentorship opportunities.

25 June 2024 | 17 replies
I've discovered that their associates are based internationally, and the phone number they provided (310) is a fake Skype number.

24 June 2024 | 1 reply
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

23 June 2024 | 8 replies
Additionally, LLCs can provide tax benefits through deductions like mortgage interest, property taxes, repairs, and depreciation.

27 June 2024 | 11 replies
The thing about partnerships are they are never 50-50, but everyone has to pretend they are and both parties thinks they are the one providing 60%+ percent of the effort/results.

26 June 2024 | 65 replies
I would be happy to speak with you about any opportunities in there or a couple other communities with similar amenities and location to Disney that will provide comparable returns.Let me know if you would like to talk.

25 June 2024 | 2 replies
However, this requires careful planning and adherence to 1031 rules.Holding and Renting Units:Retained Units: For the units you retain (one for your business and one for rental income), you will continue to benefit from rental income and potential appreciation.Depreciation: You can continue to depreciate the retained units, which provides additional tax benefits by offsetting rental income.With these considerations, this approach allows you to leverage the benefits of a 1031 exchange while maximizing the potential of your investment in the commercial property.

25 June 2024 | 20 replies
They should have contacts for service providers for you to interview.