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17 February 2024 | 6 replies
HI, I am looking to partner/network/learn with land developers and builders in Atlanta Metro area.
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17 February 2024 | 4 replies
I am excited to network and meet wholesalers from the area, if anyone may want to JV on some deals or just share knowledge and property feel free to reach out.
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17 February 2024 | 4 replies
.💫 I would like to buy my first investment property this year, to offset my husbands W2 income, using the professional real estate status.
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16 February 2024 | 13 replies
You can also advertise that as you grow the properties you host, licensed/insured professional will be appealing to many of your owners.
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17 February 2024 | 2 replies
I feel like this platform is a great place to network and I would love to get different perspectives, find potential lenders, and even build a team.
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17 February 2024 | 11 replies
Or you have to make some lifestyle changes to take full advantage of it (e.g. real estate professional tax status).
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17 February 2024 | 11 replies
Your network is the most important piece for any potential returns when you invest out of state.Hope all of that makes sense.
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17 February 2024 | 9 replies
Typically, it's applicable to certain types of property, and the rules can change.Regarding short-term rentals and bonus depreciation, the Tax Cuts and Jobs Act (TCJA) introduced favorable changes for businesses, including bonus depreciation for certain qualified property, but the specifics can depend on your situation.Using your property for short-term rentals may affect your ability to qualify for certain tax benefits, and the classification of your property (personal residence, rental property, business property, etc.) can impact the tax treatment.The IRS has guidelines regarding the depreciation of rental property, and bonus depreciation may not always be applicable to residential rental property.Additionally, if you decide to switch the use of your property (from short-term rental to long-term or mid-term rental), there could be implications for tax treatment.Given the complexity of tax laws and the potential impact on your specific situation, it is strongly recommended that you seek advice from a qualified tax professional.
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17 February 2024 | 8 replies
Numerous resources, meetups, and networks are available to help investors navigate the market, find deals, and connect with potential buyers or renters.We are experiencing economic growth with advancements in various sectors such as technology, manufacturing, and healthcare.
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16 February 2024 | 6 replies
Lastly, I am always looking to expand my network, especially locally in MA.