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22 January 2025 | 8 replies
@Jacob HavlovickBigger Pockets is a great place to find a real estate tax accountant.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 who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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3 February 2025 | 27 replies
Self management works if you are local and can separate emotion from business.
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30 January 2025 | 24 replies
A lot of family businesses cannot stay in business upon parent death due to no longer getting the prop 13 property tax discount.
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26 January 2025 | 21 replies
Would your STR business even exist without Airbnb?
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3 February 2025 | 15 replies
First two deals were cash, we were running business out of the locations and had the opprotunity to buy.. no brainer :)
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8 February 2025 | 22 replies
Because I'm busy doing it, lol.
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31 January 2025 | 6 replies
For example, $50,000 loan at 10% paid out evenly over 10 years.Like I said, super new to this part of the business, so trying to wrap my head (and spreadsheets) around it.
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3 February 2025 | 9 replies
Just tap into what talents you do have and offer that in exchange for shadowing and learning about the business.
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19 February 2025 | 26 replies
Beg family and friends to fund it for you.They "might" do it if they see you've learned a lot and your business plan sounds very solid.How do I know this "might" work?
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1 February 2025 | 11 replies
Hey everyone,I'm looking to get started in the short-term rental business and could really use some advice.