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20 November 2024 | 2 replies
Once I gave in and bought a few only to not have assistance and no clear direction so frustration took over and I was still learning but needed direction, I finally found a group of investors to help me, guide me, and teach me the ins and outs of the industry.If I am not working deals learning the ropes or watching videos for extra information in real estate investing you can find me at my full time career as a Auto Injury Claims Specialist with big red.
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21 November 2024 | 1 reply
Benetrends Financial is another trusted option, offering efficient, compliant setups as a pioneer in ROBS plans.
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19 November 2024 | 3 replies
- FYI, most PMC's won't involve an owner in this process.
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21 November 2024 | 1 reply
If that's the case they are in breech of their contract
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19 November 2024 | 2 replies
A cost segregation study was performed on this auto repair shop in Nevada with a depreciable cost basis of $1,250,000.
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19 November 2024 | 0 replies
To qualify, taxpayers must meet specific criteria demonstrating that they are real estate professionals who materially participate in their rental activities.How to Navigate the Rules:Step 1: Identify your real property trades or businessesHere is a list of activities that are considered to be a real property trade or business:RedevelopmentLeasingConversionConstructionReal property developmentReconstructionOperationRentalBrokerageManagementAcquisitionIf you participate in multiple of these activities, you may be able to combine them making it easier to meet the material participation hour requirements.Step 2: Demonstrate material participation in real property trades or businessesThere are seven tests to determine if you demonstrate material participation.
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19 November 2024 | 0 replies
Purchase price: $84,000 Cash invested: $10,000 Sale price: $165,000 Single family home (manufactured) What made you interested in investing in this type of deal?
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19 November 2024 | 1 reply
Setting MTR leases to end in May or early June gives you time to prep for the summer season.
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19 November 2024 | 1 reply
I just bought a Lake House in Maine this past summer.