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17 April 2024 | 5 replies
There would still be the transaction (tax) effects if using it to purchase the propertyA non-gimmick situation however would be borrowing against your BTC in dollars so that you don't have to sell anything and see the tax/transaction effects.
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17 April 2024 | 14 replies
Maybe you pay them for their trouble and to avoid the lawsuit.
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15 April 2024 | 12 replies
Whenever reducing tax is your primary motivation, real estate is not for you.
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15 April 2024 | 19 replies
It also said we could hire kids as an employee to avoid self-employment tax.
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17 April 2024 | 1 reply
Review the seller’s maintenance records to identify any existing issues or potential problems.Do your financial analysis to factor in the current rent, estimated vacancy rate, maintenance costs, property taxes, and insurance to determine the property's projected cash flow.
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16 April 2024 | 2 replies
Avoid common pitfalls, embrace continuous learning, and scrutinize deals to ensure their viability before diving in.Let's go!
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15 April 2024 | 8 replies
But because Detroit has bad reputation in the media, I believe many investors would avoid it and I may have lesser competition, in comparison with Cleveland.
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16 April 2024 | 11 replies
You're looking in the right place because TX is going to appreciate much quicker over time but the cash flow won't be as much since the taxes are higher.
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17 April 2024 | 17 replies
I don't think you'd have much luck going the eviction route as they seem to be bordering on the professional tenant side of things in terms of avoiding possessions.
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16 April 2024 | 6 replies
People prefer to stay in their comfort zone and avoid exploring the unfamiliar.