Bienes Raices
Question about providing lawncare (liability)
If I hire someone to do the lawncare for the tenants, what do they need to have? A corp. and liability insurance? Or do they need worker's comp too? I think Florida doesn't require WC if the business has three employe...
Account Closed
What is Sweat Equity Taxation in Real Estate?
Sweat Equity Taxation in Real Estate Investing:
Real estate investment is a time-tested method for wealth creation and financial stability. While many investors use cash to purchase properties, others opt for a diffe...
Brandan Roland
Calculating My Potential Profits
Hi Everyone, I am a brand new 25 year old investor and I just purchased my first property on last Monday to flip. We began working on last Friday. Although I am extremely excited I am also extremely nervous. I've use...
Andrew S.
Tax Plan for SFH Flip
For context: I have successfully "flipped" three houses in the past 7-8 years, all of which were my primary residence. I'm about to receive the contract on a SFH in NY state (buying outright with cash) with the plan t...
Miles Goodwin
House flipping was dumb, until I flipped my first one!
I have never liked the Idea of house flipping even though it has become a trendy buzzword when talking about real estate. I personally prefer the buy-and-hold method, specifically the BRRRR process. I believe the buy ...
Ramin Y.
BRRRR Financing
For the past few years I've been educating myself with my options as a potential investor. Today my goal is to start as a BRRRR investor and master this one niche before trying other options.I would like to hear from ...
Sam Rogers
Anyone use a Deferred Sales Trust?
Deferred Sales Trusts seem like a viable strategy to defer capital gains. But really the only info out there on them is marketing material (I'm talking to you Brett!). I've talked to a few tax accountants and attorney...
Marvin S.
Trying to analyze and assess vacation home
Good morningThis is my very first post and I'm really excited about this forum. A friend recommended it to me and I've just been reading ever since.My wife and I recently found a lake house that has a great view of th...
Ryan Braman
Alternative analysis of BRRR vs sale?
Does anyone have an alternative way of calculating the value of a BRRRR in terms of future income - present value? Annuity, perpetuity, zero-coupon bond with a speculated maturity value? What I'm trying to solve is fi...
Henrietta Lee
Tax pre-payment for rental sold
Hi, I sold a rental property that was rented for 16 years in CA this year. The net capital gain was $480,000. Depreciation taken was $100,000. Escrow already withheld CA State tax. I'm retired in FL with $25,000 socia...