10 November 2021 | 9 replies
Both options seem good but because I'm still in the newbie phase, seeking advice.
1 November 2021 | 20 replies
If not, then it seems that every time I buy a property I am acquiring the debt without the benefit of using the income to continue purchasing.
30 October 2021 | 3 replies
Benefits:• Cash flow• Tax breaks and deductions• Appreciation• Equity/wealth (tenants pay the mortgage)• Hedge against inflation.
30 October 2021 | 4 replies
What is the benefit of obtaining a limited broker license?
3 November 2021 | 10 replies
Once the transaction has happened, there is no way to benefit from the exchange.As Ken said above, there may be other tax strategies, like cost seg, that could potentially help to offset the capital gain tax with other losses, but check with your CPA to see if any of those will work for you.
2 November 2021 | 33 replies
You're background will allow to skip the 1-4 tenants phase.
2 November 2021 | 58 replies
There are a lot of workers in these service industries that are doing just that - deciding they'd rather live in the hustle economy + a few government benefits than go back to work at all, even for much higher wages.
9 November 2021 | 10 replies
Not to mention higher appreciation and tax benefits on a smaller equity check.
30 October 2021 | 1 reply
Keep in mind many of the benefits you get as a member which include discounted MLS membership as well as access to NVAR contracts and forms.
4 November 2021 | 6 replies
You're going to probably have vacancies during the first phase so consider how you'll sequence those repairs/refurbs.