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17 February 2024 | 5 replies
If you do not have other passive activity other than your passive real estate activity, creating a loss with a cost segregation will only create a passive loss that you, likely, will not be able utilize in the year of the cost segregation and will carry forward.If your real estate activity is ordinary because, for example, you qualify as a real estate professional, the loss created by the cost segregation can offset other ordinary income, creating an immediate tax benefit.This is definitely something you want to discuss with your CPA.
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18 February 2024 | 3 replies
Single might not have as much cash flow, but multi family properties create more potential for issues since there are likely multiples of everything (furnaces, hot water heaters etc)-what property class are you looking for.
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18 February 2024 | 21 replies
Did you create the website or did you have it professionally made?
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18 February 2024 | 6 replies
I believe each persons individual situation will differ on which type of investment they make.
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19 February 2024 | 23 replies
There are also laws about sharing or paying non licensed individuals money to bring in investors is that not correct ?
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18 February 2024 | 4 replies
Focus on the individual deal.
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19 February 2024 | 9 replies
If you're just trying to buy investment property doors as fast as possible without a liquid cash position you might want to try to focus on value-add to create some cash flow or BRRR opportunity for your next deal.
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18 February 2024 | 0 replies
I am looking to hire an experienced wholesale expert that is doing at least 10 deals a month to help me with creating the offers to the sellers and the buyers from leads that I have coming in.
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18 February 2024 | 2 replies
If they were separately metered, each tenant would pay the $116.50 base fees and their individual use, which would be 3x higher than what they pay when sharing a meter.There are many options, but don't make it more complicated than it needs to be.
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18 February 2024 | 15 replies
Preferably, not already operating as an STR so that you can gain the value you add by creating it.