Does anyone have recommendations on a fantastic balance sheet template I could use? Just starting out.
Hello,
Below is the proposed return for a syndication. The first chart shows the estimated return on a 100k investment where 100k becomes 193k
A couple of questions:
1. If a limited partner is in a tax bracket (ea...
hey all - My finance and I have lived in NJ our whole life and are interested in getting into real estate investing for passive income. Specifically in the areas of single and eventually multi-family rentals. We're ex...
Seeking some clarity.... If I have an AGI over $150K (lets say 39.6% tax bracket) and I own a rental property with figures as follows:- Annual Rental Income: $40K- Annual Operating Expenses/Mortgage Interest/Deprecia...
My first 3 unit apartment building .... purchased at $235k with 3.5% down, seller paid all closing cost, my initial investment at closing was $9186. Exactly the same building right next to mine closed a day later a...
Can someone explain to me how tax depreciation works as an LP? At what point do I actually pay taxes on my capital gains? Is it really just deferment and at some point I'll have to pay on all of it? Seems like a too...
Hi seeking advise. But I g property in westchester. We found the house of our dreams after 2 years of looking. we were happy to find out we were approved for a mortgage. Locked in at 5%. Saw another similarly nice hou...
Hello BP!I just wanted to share my plan for creating an unfair advantage for myself. Another title for this post could be "From adversity to advantage"1. Become a licensed contractor. In Michigan all I have to do is t...
Hey everyone, I wanted to get some advice on a house flip I have done over the last year in Madison, TN. This was my first flip, that I financed with a hard money loan. The finished house is a 3/2 that now looks reall...
Hi,My wife and I run an online retail business with extremely high "earned income". We want to start investing in real estate to offset that income by one of us becoming a "real estate professional". We don't spend mo...