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I am entertaining breaking a rule of landlording. I have a potential tenant who runs a legitimate local business-a hair salon. It is mostly a cash business. She has a very good credit score 750 but not enough reported...
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Hello everyone. I’m wondering what all I need to provide my tenants with this year as far as taxes are concerned. I bought the property in June, have had 4 renters the first month and then 3 the remaining of the year....
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Just bought my first multifamily investment out of state rental last year August,so would like to know anything special about the tax report?Right now,I have full-time W2 job,what should I notice when I report my tax ...
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I sent @Brandon Turner an instagram DM about a month ago summarizing my first year in real estate. He then shared it and @David Greene asked if I shared my story here on the Success forum. So here goes!I closed on my ...
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Hello everyone, I am in the process of completing my business plan. I have never done one and I am planning on jumping into wholesaling.I am having a tough time figuring out a realistic first year goal for myself. I d...
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Here is a scenario I would like some Intel on from somebody more educated on the topic than myself.W2 Employee in the 35% tax bracket, purchased an apartment complex in 2019 for $2.5mm under and LLC. You value add the...
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I am a newbie. If I purchased a SFR income property for $200,000, can you give me the typical range of the dollar amount of bonus depreciation and/or Section 179 deductions that would result in the first year? Wo...
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As a first year real estate agent, what is the expected monthly average operating cost for the agent? (Like fee,subscription,realtor fees)Just want to get an idea of what I’ll be paying monthly so I can budget better....
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I wanted to take the new year as an opportunity to refresh my mindset and become more active in the practices that gave me a super charged start in this business. So I decided to take more time to listen to podcasts i...
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I have put off my real estate continuing education, the SAE hours and I have to have them done by 8/31. Is this even possible at this point? What have been your experiences with the length of time it took you to compl...