My partner and I just sat down with an accountant in Buffalo and were not impressed with them. We are in the process of closing on one property and will be picking up the paperwork on another in a couple days. Any hel...
Currently I am in the process of starting a Property Management Company and taking a look at the different software available. I am also exploring the idea of purchasing a franchise? Any advice/thoughts on either wo...
Hello,
I have a single LLC that I've used to flip a few houses in, but I've also started to rent out some properties (I currently have 1 SFH, and will soon have another and a duplex). They are all in the same LLC. ...
Hello Everyone!New to the forum here. I have a couple rental properties I bought the traditional way, however I have decided to be more pro active and try to find motivated sellers mailing yellow letters to propertie...
My wife is supportive of me owning and managing investment property, but I would like for her to be more involved. I would like a recommendation of a book that would peak her interest. The books that I have read t...
I work full-time (60-70 hrs) week on my regular job and do real estate on the side. Like most people I'm working hard to build wealth and cash-flowing investments in real estate. In the past 18 months, I've acquired...
Source CNBC: https://www.cnbc.com/2023/01/1...KEY POINTS
1. Instead of its previous goal of reaching as many Americans as possible, the company will now focus on home loans for existing bank and wealth management c...
I am looking to meet with my account and figure out how I can avoid Uncle Sam's wrath. I want a LLCs for my rentals, however should my flipping business be a separate LLC or the same? I market to houses with my bus...
Why I like investing in real estate more than 401(k)s.
Both offer tax deferrals, but here's the difference:
If you're making pre-tax contributions to your 401(k), then withdrawals = ordinary income tax.
With real e...
I am deciding about starting to invest in syndications, does anyone have resources that discuss the depreciation benefits? My primary goal in investing in real estate is to lower my taxes.