3 May 2023 | 1 reply
This allows them to defer taxes on rental income and capital gains until retirement, and it can be a great way to build wealth and secure a steady stream of income in retirement.In conclusion, the perks of tax shelter with investment property are numerous, and they can help investors reduce their tax burden and increase their overall profitability.
5 May 2023 | 7 replies
. - 6.62 acres- Backs up to 1,000+ acres of public land- Close to casinos, Traverse City downtown, numerous fresh water lakes What made you interested in investing in this type of deal?
16 January 2016 | 7 replies
Since you are focused on buy and hold, I added the below links to refresh your memory as you ponder your next purchase.https://www.biggerpockets.com/renewsblog/2015/05/26/real-estate-financing/ (RE financing)https://www.biggerpockets.com/renewsblog/2015/03/27/financing-options-rental-property-guide/ (financing options for rentals)https://www.biggerpockets.com/renewsblog/2014/03/06/bp-podcast-060-serge-shukhat/ (0-68 rentals in 4 years) https://www.biggerpockets.com/renewsblog/2014/08/02/passive-real-estate-investing/ (slowly building wealth through passive investing)https://www.biggerpockets.com/renewsblog/2015/09/30/bought-rehabbed-rented-refinanced-14-properties/ (BRRRR explained)http://www.biggerpockets.com/renewsblog/2013/01/04/how-to-rent-your-house/ (house rental guide)http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property)To be more successful, you simply have to work on the other elements to progress your REI pursuit.
5 May 2023 | 1 reply
The sole purpose of the entity that is the Association is to maintain, protect, and preserve ALL of the common and limited common elements.
13 February 2020 | 18 replies
It’s just disappointing that it won’t be at the amount I initially used in my calculation, and it won’t be for another 2-3 years.Conclusion:This was a brief overview of the numerous mistakes that I made in my first real estate deal.
10 September 2015 | 99 replies
You can't use a bank for that kind of stuff but you can have a "fund" or for the numerous small purchases use individual funds on each place.If it was all his cash I have a very hard time believing he aquired almost $6M cash just by saving money from his job and buying his investments with what was left over.
12 May 2014 | 30 replies
I have no interest in volleys to claims made, not going there, but thanks.My experience has formed a rather astute understanding of insurance, insurance is to cover risk, life insurance has elements that have been developed primarily for marketing the product, it's a lousy investment and one thing I have found over the years is that agents are the marketing side, not the claims guys, not the actuarial side, not the legal department, much what comes from an agent isn't the whole picture, most don't even know the whole picture.
5 March 2015 | 11 replies
Software doesn't really do that, there might be a form that follows key elements, but it doesn't make decisions as to what is agreed.Best not to DIY this and see an attorney!
30 December 2016 | 118 replies
I've managed to survive numerous cuts in staffing during the process.
8 May 2016 | 10 replies
Pretty much what the subject line says..What elements do I need to pay attention to see if a pre foreclosure property can yield profit.