Learn how to be a Go-Giver - get the book - read it - employ it - use it every day of your life & see how being a Go-Giver can change your outlook.

You can find more info on 1031 exchanges at this link: https://www.irs.gov/businesses/small-businesses-self-employed/like-kind-exchanges-under-irc-code-section-1031Regarding the change of ownership from joint to individual, there might be a couple of ways to handle that depending on your state laws and the terms of your divorce agreement.

Sellers will be paid to employ a bevy of tactics to undermine, hard negotiate, and undersell to unknowing buyers. 

They find and fix the deals and we sign the checks.The idea was amazing for people whose time is completely eaten up by our employers, looking for a way to create retirement with rental income.However, that is not at all what he did.In reality, he found the crappiest oldest homes ( more like death traps), that no other knowledgeable investor would touch, and upsold them to us for $20-50K more than they were worth, lied about the numbers, and charged us for repairs he never did.

I know several people that are self employed that make anywhere from 90-150k a year and the deduct down to where they are making 30-40k a year. 

What strategies should I employ to build a professional network within the real estate community?

Premium properties in submarkets like Santa Monica/Westside and Culver City continue to command the highest rents, often exceeding $45 per square foot.Competitive Inventory, Employment, AbsorptionTotal retail inventory in Los Angeles held steady at 69,464,000 square feet in Q1 2024.

Income persistence requires that your tenants remain employed at similar wages.

Hello, I've owned my business since December 2021.  I'm looking to buy a home now but larger banks such as NFCU seem to want tax returns that show lower DTI numbers, which is causing me issues as the accountant provid...

As a side note for education expense, you may deduct education that maintains or improves your current job skills or that is required by law or your employer - as long as the education does not qualify you for a new business.