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26 September 2024 | 1 reply
They bring food and hats and other marketing materials.
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2 October 2024 | 38 replies
Then I asked if I could just store some materials on the land.
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25 September 2024 | 9 replies
Whether or not there is a self-employment tax attached is based on whether or not you materially participate in this business.
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25 September 2024 | 18 replies
I did look at some of the material participation criteria and we should easily surpass the requirements since we pretty much spent time improving the home ourselves, managed all guest communication, etc.Thoughts?
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25 September 2024 | 7 replies
If you have a more extensive full gut rehab you need drawings depicting the work to be performed and material specifications.
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27 September 2024 | 6 replies
The project is anticipated to facilitate access to/from major industries and freight destinations in Mobile and provide hazardous material vehicles a direct route away from the downtown business district.- The overall market has increased by 8.4% this year with the median apartment rent at $950.
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24 September 2024 | 4 replies
Income from a trade or business where a taxpayer doesn’t materially participate.2.
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26 September 2024 | 11 replies
I do my 10-12 doors once every few years and don't see that much lint anymore, but the first time I cleaned some of the properties, they literally yielded a bucket full of material.
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24 September 2024 | 4 replies
The insurance company wants to fulfill its obligations to the insured, and the construction company wants to keeps its employees happy, working and retained while they travel to a job site.
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23 September 2024 | 6 replies
Key Principles:Mindset and Goals:Think Long-Term: Real estate is a long term play in most cases Set Clear Goals: Define your financial goals and how real estate fits into your overall plan.Finding the Right Property:Location, Location, Location: Invest in areas with strong economic fundamentals, good schools, and low crime rates.Cash Flow is King: Look for properties that generate positive cash flow (rental income exceeds expenses).Consider Appreciation: While cash flow is primary, also consider properties in areas with potential for long-term appreciation.Financing:Get Pre-Approved: Get pre-approved for a mortgage before you start looking at properties.Leverage Wisely: Use leverage (debt) to your advantage, but don't overextend yourself.Consider Creative Financing: Explore options like seller financing or partnerships.Building Your Team:Real Estate Agent: Find an experienced agent who specializes in investment properties.Property Manager: Consider hiring a property manager to handle day-to-day operations.Accountant: An accountant can help you with tax planning and financial management.Attorney: Consult an attorney for legal advice and contract reviews.Managing Your Investment:Maintain the Property: Keep your property in good condition to attract and retain quality tenants.Screen Tenants Carefully: Conduct thorough background checks on potential tenants.Review Your Finances Regularly: Track your income and expenses and make adjustments as needed.Example Action Steps:Set Your Goals: Define your financial goals and how real estate will help you achieve them.Educate Yourself: Read books and articles about real estate investing.