18 September 2021 | 4 replies
I'd be happy to connect.There is also the Salt Lake REIA and Utah REIA that have regular meetings and events.
31 August 2021 | 41 replies
HE has to be on the lease if he's living there, which means HE has to fill out an application and give the details of his business complete with paystubs, etc.And the children are occupants if they will be there on a regular basis.Too many red flags -- hard pass.
7 September 2021 | 8 replies
The Lazy 1031 is similar to the regular 1031 in that you have to stay on it until you die to defer and avoid the tax forever.
16 October 2021 | 14 replies
It sounds like you have some business narrowing to do yet to determine the best investment route that fits you, your skills, your resources, and overall goals.
29 August 2021 | 0 replies
I'm leaning towards the individual neighborhood route thinking I may come across something no one else sees.
30 August 2021 | 5 replies
Should I go try to go the FHA route and house hack a duplex?
30 August 2021 | 2 replies
If you go that route, just keep in mind that being an agent is a business/sales position where you don't get paid right away.
1 September 2021 | 3 replies
Hey @Christian ODonnell what I recommend doing is finding a Property Management company in that area first they usually have contractors that they regularly use and trust.
31 August 2021 | 11 replies
Definitely looking into the multi-family route/house hacking!
14 June 2022 | 7 replies
However, you can actually save millions of dollars in taxes by starting during the blueprint phase.Here are some examples of ways to save on taxes:For conference rooms in a hotel, Instead of installing regular walls, if you install moveable walls, the walls could be depreciated using the rules of bonus depreciation.For a multi-family apartment complex, changing the model of the bathroom exhaust fan to a variable speed could help qualify for the energy credit which is $2,000/unit.For a large apartment complex, installing a ceiling fan could allow you to qualify for 45L tax credits.For a hotel, if the porte-cochere is detached from the hotel building, it could be fully deductible in year one as it could be considered a land improvement.