10 October 2025 | 5 replies
That's a good start, but you need definition, goals and implementation.
9 October 2025 | 18 replies
I've made 15 times the money I spent on it and I've only implemented about 6 of the 30 strategies.
8 October 2025 | 0 replies
I would take brokers out to dinner, get to know their families, and find common interests, like I did with the fly-fishing broker I talked about at the start of this chapter.To streamline the underwriting process and ensure consistency, I implemented a model or spreadsheet.
13 October 2025 | 26 replies
Currently, we have first home as primary residence to implement a house hack.
10 October 2025 | 8 replies
Since the cost basis of the new property will be higher, the potential depreciation benefits from cost segregation will also be greater.If you proceed with cost segregation on the current property now and subject to depreciation recapture, which could reduce your adjusted basis and potentially increase your tax liability upon sale.Timing and property selection are important when applying this strategy, so it may be more beneficial to wait and implement it on the new acquisition.
9 October 2025 | 17 replies
I didn't implement it because I didn't feel comfortable setting up an official government-looking website and letterhead, tell them you will send them money to pay their taxes, then tell them that you can't.
11 October 2025 | 9 replies
Implementing proper legal and financial protections not only safeguards your personal assets but also minimizes litigation risk and strengthens your position during negotiations.Smart investing isn’t just about choosing the right properties, it’s about protecting what you’re building so you can grow with confidence.Wishing you clarity, confidence, and success on your real estate journey.Disclaimer: This message is for informational and educational purposes only and should not be considered legal, tax, financial, or investment advice.
10 October 2025 | 9 replies
There is little to prevent them from banning rentals.
8 October 2025 | 16 replies
For short-term rentals, they must track nights, owner use, and services separately and reconcile platform 1099-Ks to prevent double-counting.
3 October 2025 | 8 replies
It helps prevent reliance on unverified or unsupported claims, which are often circulated by unlicensed individuals or through social media.Unfortunately, if a taxpayer falls victim to misinformation or fraudulent schemes promoted online, there can be serious financial and legal consequences.