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30 August 2024 | 6 replies
Banks and credit unions can also offer flexibility for investors that engage in strong relationship-building strategies, offering discounts and solid loans in exchange for borrowers willing to use the institution for other purposes (savings accounts, etc.).
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29 August 2024 | 2 replies
See if you can find someone interested in letting you work for them in exchange for mentoring.1.
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28 August 2024 | 22 replies
Given the complexity and potential tax-saving opportunities in real estate, it's wise to consider hiring a CPA with expertise in this field.Many clients who work with non-specialists find that their non-real estate preparers lack the specific knowledge to help them minimize taxes through strategies like depreciation, the de minimis safe harbor, partial asset dispositions, 1031 exchanges, navigating real estate professional status, the short-term rental loophole, and more.If you are looking to qualify as a real estate professional, use the short-term rental strategy, or complete a 1031 exchange, I would without a doubt recommend working with a real estate CPA.
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27 August 2024 | 10 replies
In your case you could take the first 25% of the gain up to $250k tax free with the 121 exclusion, and qualify for a 1031 exchange since it is also used for investment use.
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31 August 2024 | 36 replies
@John Larson I wonder if it is worth calling the state or federal Securities and Exchange commissions.
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28 August 2024 | 16 replies
I'm working my way into wholesaling/investing as well and would be interested in linking up to exchange insights and see how we can help each other grow.
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27 August 2024 | 1 reply
Haven’t bought anything in the last couple of years, but I have a 1031 exchange coming up in the next month that’s gonna force me into this crazy market 🤪 Congratulations on finishing up your rebuild, and always happy to connect 😊
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27 August 2024 | 1 reply
1031 Exchange How did you add value to the deal?
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27 August 2024 | 0 replies
I would like to know if anyone is investing in Turkey and have an exchange about it!
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26 August 2024 | 6 replies
@Cody Sims A 1031 Exchange requires that your Dad, the taxpayer, purchase a Iike kind property.