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5 February 2025 | 15 replies
I guess my only other option is to add padlocks onto the cash boxes on top of the regular keyed entry.
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18 February 2025 | 9 replies
However, you can reduce tax liability by:Converting the flip into a rental for at least a year, allowing for depreciation and potential 1031 exchange benefits when selling.Offsetting gains with deductions, such as accelerating business expenses or using cost segregation for rentals.Using an S-Corp for future flips to lower self-employment taxes while keeping rentals in an LLC for liability protection.Deferring deductions to 2025 if your 2024 taxable income is high.While a 1031 exchange isn’t an option for flips, strategic tax planning can help minimize taxes.This post does not create a CPA-Client relationship.
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20 February 2025 | 3 replies
After you’ve found a few options, review them with your agent.
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4 February 2025 | 11 replies
The reason why I ask is because that could determine what loan options are available to you (and interest rates).
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6 February 2025 | 2 replies
I updated the bathroom/porch in the spring, and am finishing construction on a 2-stall garage (the previous garage was basically a large shed that I could not fit much in).Moving forward I am considering one of the following options to put my money and build equity:1.
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3 February 2025 | 2 replies
If you move up into Pinellas/St Pete, Largo has some options.
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21 February 2025 | 102 replies
As long as you are getting market rent or better and have great options to terminate contracts as needed in case they fill with bad tenants, poor management of your property, etc. it seems like a viable option for passive investing.
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14 February 2025 | 8 replies
If you have questions or want to discuss financing options down the line, feel free to reach out.
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28 January 2025 | 2 replies
Investment Info:Large multi-family (5+ units) commercial investment investment.
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4 February 2025 | 0 replies
So a loss of about 55k We did a lease to own option so I could immediately take over expenses but keep their primary resident loan and interest rate.We agreed to a deal which would cover all their expenses at closing, their remaining loan balance, and $45,000.