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Updated 28 days ago on . Most recent reply

User Stats

9
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4
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Shaza Atassi
  • Contractor
  • San Antonio
4
Votes |
9
Posts

From Builder to Investor

Shaza Atassi
  • Contractor
  • San Antonio
Posted

We’re an experienced builder and general contractor team taking our first steps into real estate investing. After years of managing renovations and new builds for clients, we’re excited to start creating and holding our own projects.

We know there’s so much to learn on this side of the business, and we’d love to hear from others who started as builders and made the jump into investing — what worked for you, what didn’t, and any lessons you’d share.

Looking forward to connecting, learning, and maybe even collaborating with some of you along the way!

Most Popular Reply

User Stats

4,398
Posts
3,377
Votes
Ashish Acharya
#2 Tax, SDIRAs & Cost Segregation Contributor
  • CPA, CFP®, PFS
  • Florida
3,377
Votes |
4,398
Posts
Ashish Acharya
#2 Tax, SDIRAs & Cost Segregation Contributor
  • CPA, CFP®, PFS
  • Florida
Replied

@Shaza Atassi 

You guys will kill it. if you play your card right, you should be able to not pay any taxes.

It’s important to understand taxes when you start real estate investing. Consider different tax structures for your investment projects.

  • - Do not hold properties in the same entities that you were doing non-passive active income.
  • - You probably already qualify as REPS. Depreciation lets you deduct the cost of the building over time, which can reduce your taxable income.
  • - This should be the single best tax savings knowledge you need to be comfortable with.
  • .
  • .

  • This post does not create a CPA-client relationship. The information contained in this post is not to be relied upon. Readers are advised to seek professional advice.
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