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9 February 2024 | 5 replies
However, it might also incur additional accounting and tax complexities.Non-Real Assets:Holding Company: If the non-real assets are essential to the operation of the property, holding them in the same company as the property (either operating or holding) makes sense for financial reporting purposes.Separate Entity: If these non-real assets are more independent or potentially have different risk profiles, consider holding them in a separate entity owned by the holding company.
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9 February 2024 | 3 replies
- Should I even be looking right now, or wait an additional year to build up savings even more, forcing me to rent another apartment in the meantime and not own anything?
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8 February 2024 | 2 replies
I am aiming for cash flow and appreciation both , i am clear with investment objective i.e. financial freedom, in terms of timeline - i have just started scratching the surface of real estate investing i want to learn as quickly i can and gain information in order to get started for searching deals, budget and risk tolerance would like to put a number when some progress i have made personally in understanding of whole process, my diligence and external factor dependency, that's why looking for some basics to understand and path going forward
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9 February 2024 | 5 replies
I think it'll be a positive addition to the neighborhood and will block some noise from the main street nearby.
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9 February 2024 | 10 replies
This covers possible deductions, depreciation, and capital gains calculations.Discuss Long-Term objectives: Talk to your spouse about your long-term objectives, risk tolerance, and property management preferences.Ultimately, the selection will be based on your own circumstances, goals, and preferences.
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9 February 2024 | 25 replies
Keep in mind managers charge an additional fee for all services rendered. do this can add up too.
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9 February 2024 | 15 replies
I haven't had to repair any lvp yet, but I had heard with the glue down you can just repair the one damaged piece without having to remove a lot of additional pieces like the click lock.
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8 February 2024 | 17 replies
I look forward to gaining knowledge and to use that knowledg to make good rental property purchases.
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9 February 2024 | 11 replies
And since you are using a property manager, property managers do not work for free.Meaning there will probably be some sort of management charge for handling the repair man and for handling the renter, in addition to the workman's charge.
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9 February 2024 | 79 replies
It does create an additional job for you, but one that can have a decent return.