Michaud Abraham
Investing in the Bahamas.
12 March 2024 | 1 reply
Hard money lending is based on taking a mortgage on an asset and no lender is ever going to take a mortgage on a property overseas as he/she doesn’t have the infrastructure to take the property back if push comes to shove.
David Ounanian
What tax benefits or implications should I be aware of as a real estate investor?
12 March 2024 | 4 replies
.- Use cost segregation studies to expedite depreciation of your properties to offset large income gains.Entity Structure- Choose appropriate legal structure (LLC, partnership, or S corporation) with consideration for different tax implications.Tax Credits- Explore available credits, like energy-efficient or historic rehabilitation credits.Qualified Business Income (QBI) Deduction- Check eligibility for QBI deduction, providing up to a 20% deduction on qualified business income.Record Keeping- Keep accurate and organized records for tax compliance and audits.State and Local Taxes- Consider varying state and local tax implications, including property and income tax rates.Tax Planning- Engage in proactive tax planning, consulting with professionals for a comprehensive strategy.Tax Changes- Stay informed about changes in federal, state, and local tax laws affecting real estate investments.Remember to consult a real estate tax professional for personalized advice based on your specific situation.
Manny Pascual
New Real Estate Investor
12 March 2024 | 6 replies
Following - I'm based in California
Trevor F.
Challenging Property Taxes
11 March 2024 | 4 replies
You will usually get mailers from attorneys that do this yearly they will take a fee based on your savings.
Jack B.
Do you plan on eventually cashing out and moving away from real estate?
11 March 2024 | 152 replies
Not long term plays.
Chrissy Smyth
Looking for a Cash out Refi on an investment property
11 March 2024 | 22 replies
I'm here to help with insights or advice based on my experience.
Kile Baker
Unique Deal? VA assumable Loan, 2.5%
12 March 2024 | 1 reply
I may have someone for the down payment, or take out a portion of HELOC as a down payment, as I have quite a bit of equity on my home.I've tried doing the calculations and have come up with (roughly), a property that doesn't cashflow based on my calculations (which could be wrong)Not cashflowing?
Mel Park
Do Rehabbers buy expensive houses?
12 March 2024 | 41 replies
Luckily I can help you with many scenarios based on your goals with this home.