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14 March 2024 | 1 reply
I was recently flagged for tax audit, and one of the asks was to show all hours spent on real estate. What a pain!
What problems you face for tracking time spent on RE activities?
Would love to chat more. DM me.
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15 March 2024 | 8 replies
Conduct thorough due diligence and consider seeking guidance from local real estate professionals to make informed investment decisions.
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15 March 2024 | 5 replies
Building a strong local network is one of the easiest ways to get involved in real estate.
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16 March 2024 | 19 replies
@Chad Nassar -Maybe it's time to develop a network of private investors.Share what you do with friends, family, and individuals.I heard a great piece of wisdom last night from two very seasoned investors.
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15 March 2024 | 9 replies
Don't forget to add an adviser to your team to work with your CPA/tax professional to maximize the tax benefits available on each and every project.
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14 March 2024 | 2 replies
Hi everyone, my name is Eli Moore. I am looking to get started in investing in real estate. My current goal is to buy my first home and house hack. Looking to buy a duplex/multiplex in the Indianapolis area. Any advic...
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15 March 2024 | 1 reply
Accountants are in such demand, that the best are not even accepting clients half the time.The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.Another thing I see is folks thinking they need to have a tax professional in their state.
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15 March 2024 | 214 replies
Would love to expand my network.
15 March 2024 | 3 replies
IRS guidelines would require you to seek out a tax professional but i believe you are taxed on gifts above $14k.
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16 March 2024 | 11 replies
I'm not a tax professional but I have ESPP and RSU's from my former company also.