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29 January 2025 | 3 replies
In doing so, bear in mind that the cost and admin of a corporation is higher and that the tax treatment is different:1.
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25 January 2025 | 8 replies
I've stuck with the tried and true reasons I've heard to keep my search ranking high (quality photos, stellar reviews, updates to my listing) and that helps but in slow season, when I'm not willing to cut my rates as much as some of my competitors, it can be a ghost town.
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9 February 2025 | 3 replies
@Ross DerouenBigger Pockets is a great place to find an accountant specializing in real estate taxation.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.
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19 February 2025 | 7 replies
If I sell the property for 130K, after assciated closing costs, I will basically break even.
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5 February 2025 | 1 reply
How much did the rehab cost and how long did it take to complete?
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7 January 2025 | 6 replies
Cost segregation utilizes the MACRS approach.
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5 February 2025 | 0 replies
Completely eliminated noise complaints from the lower level and reduced utility costs.
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2 February 2025 | 10 replies
This can often be cost-prohibitive.
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18 February 2025 | 17 replies
It would be for $120k plus closing costs for a year or two until we could refinance.
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16 February 2025 | 2 replies
The house has appraised for $335k, my hard money note is for $242k, and I'm looking at only about $15k out once closing costs, taxes, and insurance are accounted for.