Kyle Westerman
LLP or No LLP
3 June 2024 | 2 replies
When you have a big cost segregation depreciation plus your big startup expenses such as furniture and supplies, and you then have a big tax deduction against your big W-2 income because your passive losses are no longer limited with your big material participation, it increases your audit risk a ton.
Jason L.
Determining Profit Share for Spec Home - Risk vs Capital/Other Contribution
3 June 2024 | 20 replies
Did it one time cost me.
Ronak Patel
Tax Benefits to Building & Owning an ADU
3 June 2024 | 3 replies
Tax Benefits While Building- Create an LLC and pay start up costs through the LLC (architect fees, permit fees, etc.).
Julie Muse
Watering Place Win: Quick Profits in Knoxville with Seth Choate
4 June 2024 | 0 replies
Partner Driven financed the Watering Place deal using its own capital, covering the $350,000 purchase price and $1,500 in minor renovation costs.
Trevor Hill
Any successful STR investor's on the OR coast?
1 June 2024 | 13 replies
On the other hand, probably lower property costs there vs other locations.We've looked at a couple locations on the OR coast, but as a WA resident adding the OR income taxes have made other locations more attractive for us.
Isaiah OSP
Trying to create a Tiny Home Park...
4 June 2024 | 7 replies
Development costs will often be the biggest hurdle, meaning: sell the land you have and buy an existing park, campground, rv park and "upgrade"/ convert the sites to tiny home compatible. - and you'd be ahead.
Aaron Maxwell
Can I just use a regular email address for my business?
3 June 2024 | 16 replies
You may have to balance spending money on things today that you may not really need until later - but, they may cost a LOT more to change later.
AJ Wong
How to lower property management costs on luxury STR vacation rental property
30 May 2024 | 17 replies
Investors that are looking to offset their investment costs can typically expect to cover the majority of operational and carrying costs, but those seeking positive strong cash flow and ROI can find limited cost saving inputs.
Sonal Chopra
What would your Real Estate strategy be if you inherited $10MM?
4 June 2024 | 22 replies
Build a portfolio of cash flow producing single-family homes in a high-cost market with high barriers to entry.