Hi folks -- am seeking a RE-savvy CPA for simple work. Thus far, the firms locally and in Charlotte that have been recommended are not presently taking new clientele. If you have someone you would use again, and d...
On Brandon’s post How to reach a Million Networth in 7/8 years (2012), Brandon mentioned in the comments an option once he really retired would be to sell his portfolio and do a 1031 exchange into a REIT. Would some p...
I have seen my fair share of distressed properties. While these types of properties can offer investors a great opportunity to make a profit, it's important to carefully evaluate them before making an offer. A thoroug...
Hi friends,My aunt is selling her house, and she would like to sell it to me if I am interested in. But first, let me tell you guys a little bit about her situation:1. Her house has 1 bedroom, 1 bath, and a finished b...
Hi All,I considered starting a REIT to allow others to invest and build wealth in projects that I would start, but that was a much, much higher level than I actually have interest in pursuing. Reading through some ot...
I have 2 commercial deals that interest me where I can purchase under value, get cash at closing and debt service the properties with profitable businesses.
1) Plan to buy and hold.
2) Owners are anxious and one has...
I am trying to get a handle on the new taxes codes in regards to expensing versus capitalizing and depreciating. I have heard that the new laws basically state that "replacing" something such as a roof, AC unit, etc i...
I always hear wealthy investors online talking about how they borrow against their assets to generate tax free wealth. So far I’ve always just reinvested my real estate earnings back into my LLC. If I do a cash out r...
Hi Forum mates,I launched my first Airbnb last year and I am currently doing a cost segregation study. I am looking for a CPA who charges hourly and I need help with 2023 tax preparation (I will be qualifying for 100h...
I am undecided on the best legal structure to invest in notes as a side business. I have 3 options and each has their own things to consider. I have personal investment fund and an IRA of equal value1. Sole propriet...