Julio Gonzalez
8 Ways to Build a Business That's Successful
16 December 2022 | 3 replies
Meet People with Experiences Similar to Your Own: There are many organizations (both free and paid) out there that you can join such as BiggerPockets forums, local real estate meetup groups, The Entrepreneur's Organization, your local AICPA group, etc. that gives you a place to receive advice, guidance, problems and ideas.Utilize the R&D Tax Credit: Your business could receive a 10-20% refund for employee labor that’s associated with improving a product or process.Utilize Employee Retention Tax Credits: If your employees that worked for your business during the pandemic are retained through the end of 2021, your business could receive up to $9,000 each quarter that your employees were retained.Own Your Own Office: This would allow you to have multiple tax deductions, utilize depreciation, take advantage of appreciation of the property, as well as allow your company to rent out any unused space to help pay the mortgage.Take Advantage of Energy Efficient Tax Credits: There are many opportunities to take advantage of these credits such as updating the HVAC system, installing energy efficient lighting, etc.Perform a Cost Segregation Study on Your Property: This would allow your business to immediately write off the personal property within the building.Utilize Work Opportunity Tax Credits: If you hire employees from groups that typically face a barrier when it comes to employment such as people with physical or mental disabilities, veterans, etc. your small business could receive a tax credit while also helping the underserved.Use the SCORE program: This program is free and connects you with resources, and mentors and specifically focuses on helping small business owners excel.
Abad Marroquin
28 Unit Apartment Under Contract and Need Help!
10 August 2017 | 19 replies
HOWEVER, I would take an hour to figure out market rates, condition to know approximate expense ratio, know what to plan on capital expenditures, and know what as improved rental rates and expenses associated with that would be.
Ashby Tyler Cappelmann
How to reach the maximum of 10
11 May 2017 | 6 replies
Underwriters in the conventional lending world associate K1's with sophisticated businesses and it makes them look at your properties as separate.
Perry Rohan
Florida Condo Law Puts Limits on Bulk Owners
16 December 2022 | 2 replies
In some cases, bulk owners leverage their board positions to create lucrative maintenance or service contracts [with the association] through companies they are affiliated with financially.
Account Closed
First BRRRR Investment....
21 November 2019 | 0 replies
And better understanding of timelines associated with each step of the process.
Enyi Ajoku
Tenant Smoking Marijuana In Apartment
28 December 2018 | 73 replies
My friends had nothing to do with the rampage, but they were guilty by association (in the eyes of the landlord).
Nathan Valmonte
Condo ceiling leaking from dog piss of upstairs neighbors
8 December 2022 | 13 replies
Check the association's covenants for a nuisance clause.
Paul Luna
Moving to Colorado and want to become a realtor.
30 December 2022 | 10 replies
Just remember to keep your license active you'll need to hang it with a broker and all the associated dues/fees generally cost $2k to $3k annually.I'd be happy to chat /brainstorm /have that virutal cup of coffee about real estate related w2 jobs.
Zeb B.
Preventing scammers from using my listings
29 December 2022 | 6 replies
With housing in short supply, there are apparently plenty of people willing to wire thousands of dollars to someone they have never met, without any evidence that the person they are wiring the money to has access to or any association with the property.These types of scams are very common in the area, and I am wondering what "best practices" people use to avoid having their properties used by a third party to scam a prospective tenant.I am planning to add a watermark to my listing photos with an email address.
Mindy Jensen
We're Looking For a Few Good Writers
7 July 2019 | 58 replies
To be associated with Biggerpockets would be fantastic, who wouldn't want to do it for free?