Kenny Clark
Negotiate with, not againt
12 March 2024 | 0 replies
I asked"Yes..." she said as she buried her face in the pillow.So I gave her a huge and instantly she started to cool down and wasn't losing her temper anymore.Sometimes it just takes a different approach and patience is usually the key.
Jorge Abreu
Acquisition Process and Market Selection Tips ✨
12 March 2024 | 0 replies
Sure, managing what you've got is important, but without a deal, you're just spinning your wheels.Now, when it comes to buying up properties, multi-family ones are a whole different ball game compared to single-family homes.
Nana Sefa
Owner’s title insurance - to get or not?
12 March 2024 | 250 replies
is there differences ?
Garrett Hogan
Cost to build an Elevator in a 9 Unit Building?
12 March 2024 | 8 replies
If he had to it would be a lot different...
Mark Nugent
Text messages for unsolicited offers to buy house -- REMOVE ME!
12 March 2024 | 18 replies
It's no different than buying a list, but it's automated.
Peter Baldridge
Evaluating Smaller Markets - Ohio
12 March 2024 | 12 replies
Mid term rentals tend to be listed on many different sites so I would also recommend looking at Airbnb/VRBO for 30+ day stays and Zillow as well if you haven't.
Stephen Jones
1031 exchange question
12 March 2024 | 7 replies
You simply pay tax on the difference.
Mariam Diong
Real Estate Vs Newbie
12 March 2024 | 3 replies
You have learn the difference between an asset and liability then do the market research necessary to find/buy/create them.
Denise M. Tschida
How to set myself up for retirement from my day job in 5 years at 65?
12 March 2024 | 10 replies
For me, I still have about 15 years till I get to that point, but my portfolio will be more diversified across different classes .
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.