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24 December 2024 | 6 replies
Here is a fresh example, and it actually came from another tax firm (not mine) specializing in real estate.Let me briefly tell you why I crossed out their pitch:Strategy 1: depends on your 2025 projected net income vs your 2024 net income, among many other factorsStrategy 2: can backfire amidst the uncertainty of future tax rules regarding bonus depreciation, and also ignores alternativesStrategy 3: no rush to do it before December 31stIf you decide to continue reading, I will give you a high-level overview of the most common EOY tax strategies, obviously without an actual discussion of each one.
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16 December 2024 | 1 reply
.), spending time with my family, and always continuing to better myself whether that be reading books, being outdoors and exercising, networking, and/or sharpening my skills for my trade.I started my real estate journey in 2021 after a software business I was a partner in had a bad partnership breakup that saw me lose everything (financially).
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15 December 2024 | 7 replies
What you could doIs continue to pay that loan and have the owner also select finance you the balance.
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20 December 2024 | 4 replies
I don't want to be surprised though as I go to buy additional properties just to have them say that I'm taking on too much debt even though my income can support it so long as I continue taking in rental income.
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16 December 2024 | 4 replies
There are continue developments (residential and commercial).
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15 December 2024 | 30 replies
Quote from @Mike Paolucci: Quote from @Lolo Druff: I am looking to buy my first investment property, and my goal is to continue building this portfolio every year until I can live off my rental income entirely.
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16 December 2024 | 6 replies
With experience spanning nearly every aspect of real estate—except direct title work—I’ve had the opportunity to work closely with many talented vendors in the Indianapolis area.Today, I’m on the vendor side at Trojan Roofing Company, where I continue to serve the local community.
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17 December 2024 | 6 replies
While I continue nurturing those realtor relationships (and patiently waiting for my phone to ring), I'm curious to explore other avenues for sourcing off-market deals.
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17 December 2024 | 11 replies
From my experience, success in real estate investing starts with clearly defining your goals and continuously educating yourself through podcasts, books, forums, and courses.
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16 December 2024 | 11 replies
What I am looking to do is refinance, or pull out equity so I can get back on track with my lender and continue searching for a buyer.