
12 March 2024 | 4 replies
.- Understand passive activity loss rules limiting deduction of losses from passive activities.Capital Gains Taxes- Be aware of tax implications when selling property, considering short-term and long-term rates.- Explore strategies like 1031 exchanges to defer capital gains taxes.Deductions and Expenses- Know eligible deductions: mortgage interest, property taxes, insurance, maintenance, and management fees.- Maintain detailed records of all real estate-related expenses.- Use cost segregation studies to expedite depreciation of your properties to offset large income gains.Entity Structure- Choose appropriate legal structure (LLC, partnership, or S corporation) with consideration for different tax implications.Tax Credits- Explore available credits, like energy-efficient or historic rehabilitation credits.Qualified Business Income (QBI) Deduction- Check eligibility for QBI deduction, providing up to a 20% deduction on qualified business income.Record Keeping- Keep accurate and organized records for tax compliance and audits.State and Local Taxes- Consider varying state and local tax implications, including property and income tax rates.Tax Planning- Engage in proactive tax planning, consulting with professionals for a comprehensive strategy.Tax Changes- Stay informed about changes in federal, state, and local tax laws affecting real estate investments.Remember to consult a real estate tax professional for personalized advice based on your specific situation.

14 March 2024 | 4 replies
You've got to really, really, really understand the zoning for each county and mind the fire insurance hazard premiums.

15 March 2024 | 20 replies
But you'll learn a lot by calling around and it will help you understand what you need to do to "fit in their box" in the future.

12 March 2024 | 10 replies
However, ensure that you fully understand the rules and timelines associated with a 1031 exchange to make the most of this opportunity.Cash Flow Analysis: Your estimated cash flow of $13,000 per month with the Indiana duplexes is impressive.

14 March 2024 | 11 replies
I don’t not understand how a seller has zero rights in this matter except to be told I’m the bad one all the way around.

15 March 2024 | 11 replies
You need to like, or at least understand, the market where you invest.

14 March 2024 | 6 replies
With no disrespect intended to BP, most of the folks I run into who use the various calculators provided here have NO real understanding of how to analyze an actual deal.Much in the way one can't become a Jedi without building a lightsaber, you won't become a confident and complete real estate investor until you can build your own analysis spreadsheet.

15 March 2024 | 43 replies
That is a major privacy concern, I 100% understand why the company is shying away from the practice.
14 March 2024 | 3 replies
I'm curious to understand if it is an area worth investing in.

15 March 2024 | 117 replies
If not help me to understand why.