12 April 2019 | 5 replies
One thing I've done, on the advice of a mentor, is to offer a slightly lower rent, in exchange for a longer lease (24 or 36 months).
8 April 2019 | 25 replies
It is one of the original Cyrpto currencies.
5 April 2019 | 5 replies
-Deduction of expenses & mngt fees from rentals -Deduction of mortgage int paid & lending costs -Additional tax sheltering if investing through a SDIRA or 401(k)-1031 exchange, pay no capital gains if investing money made into another RE deal (possibly the very best tax benefit only available in the US)!!
21 April 2019 | 2 replies
I know I'm trading them the data in exchange.
5 April 2019 | 4 replies
@Ned Carey If I lack currency, how can I find the owner without paying?
6 April 2019 | 1 reply
@Chris SeveneyRegarding the accounting/taxation of the fund - you want to make sure the accounting firm has the knowledge and capacity to take on the work.Does the accounting firm know answers the to the following questions.Do they specialize in partnership taxation -Do they know how a partnership return is impacted if there are foreign investors, tax exempt investors, individuals as investors, entities, etc.Do they know how to deal with the taxation of the operations - If this is a real estate fund - do they know the in and outs of 1031 exchanges, how different items are depreciated, 1250 property, 1245 property, bonus depreciation, section 179 expense, etcDoes the fund operate in multiple states - are they familiar with the various state tax laws.Will the fund allow composite return to be filed in behalf of its investors - does the firm know which states offer composite returns and in behalf of which entity types they can be offered for.etc etc etc
9 December 2020 | 10 replies
I am working on my taxes and feel that it is likely I should have a CPA with knowledge of 1031 exchanges and investment real estate.
6 April 2019 | 1 reply
I am open to all feedback and criticism, and would love to have a mentor to teach me in exchange for work.
19 April 2019 | 28 replies
@Susan O.The tax reform limited 1031 exchanged to real property only - meaning 27.5/39-yr property.
8 April 2019 | 3 replies
The arrangement is in exchange for an equity split of the profit upon sale of the property.