4 May 2024 | 3 replies
Unsuccessful Property Search: Hours spent on unsuccessful property searches, where no purchase is made, do not qualify.On-Call Periods: Instances where you are on-call but do not actively perform work do not count towards material participation.Meeting Requirements:Maintain Detailed Records: Keep accurate time logs and records documenting your involvement in material participation activities, supported by evidence such as emails and calendar appointments.Seek Professional Guidance: Collaborate with a qualified tax professional to ensure compliance with IRS regulations and to optimize your material participation strategy.I hope this high-level overview gives you insight into what activities matter and ones that do not.
2 July 2024 | 9 replies
That $500K could easily kick out another $5K in tax-free income per month.Combing the above two paragraphs $10K per month in tax-free income is the equivalent of $200K in W2 (highly-taxed) income.Mixing vacation dreams and investing usually sub-optimizes both.
8 May 2024 | 3 replies
Let's talk about leveraging tax strategies to optimize your real estate investments.
9 September 2024 | 7 replies
It’s always a good idea to consult with a tax professional who can look at your specific situation and optimize your deductions.Best of luck with your new condo!
1 October 2024 | 15 replies
It may indeed be beneficial to explore the option of a partial disposition to accurately reflect the change in the property's asset composition and optimize tax outcomes.
23 April 2014 | 13 replies
Those alerts can also be seen if you mouse over the "Inbox" on the upper right menu bar and scroll down.
20 April 2023 | 30 replies
We treat each property as our own investment to optimize the returns of the owner.
17 October 2024 | 0 replies
Visibility drives click ability, and not using the full length of the ad to add keywords and business-related details is a missed opportunity when you’re fighting for every click in Google Ads.Conclusion:If you know you want to get off-market seller leads from Google, and already committed the budget for it, make sure your ads are optimal and that your keyword selection will not cause you to appear on ones that will waste you time and money.The Google Ads landscape is fiercely competitive in today’s market, demanding an investment of several thousand dollars per month to gain meaningful traction.
23 October 2024 | 2 replies
It’s also a great way to leverage your investment for future projects.If you’re planning to continue with more BRRR projects, consider refining your vendor selection process to increase efficiency and cost control, and ensure your financing is set up to maximize your next deals.If you need any advice on financing strategies for future deals or optimizing STR income, I’d be happy to help!
13 April 2024 | 12 replies
Hi everyone,I'm seeking guidance on navigating the world of real estate investing, particularly in the context of tax optimization.