13 November 2024 | 2 replies
Ours is a "people" business.
12 November 2024 | 2 replies
Thanks to all the great advice I received from my last post, I've learned a lot about getting into the real estate business.
12 November 2024 | 1 reply
Cost segs unlock these savings, but the losses won't offset your ordinary income from your job unless you are an RE Pro.Here's how to think about RE Pro status to make the best case with your CPA and the IRS:RE Pro Status starts with the IRS definition of a Real Estate Professional (IRS Pub 925).It is not as simple as getting a real estate license or working for a firm that provides real estate services.Ask yourself these questions to see if you qualify:Q1: Are you in the right business?
11 November 2024 | 9 replies
this is old tried and true method of simply having you pay them to get credit cards .. there is no need to pay for this service.. unless you want to of course.. there is no magic bullet ut there that is going to give you credit and financing unless you actually qualify for it.But zero interest credit cards are used by some to do rehab and then pay them off issue is though your fico score drops like a rock the second you take on all these CC.Also starting out there is zero chance of getting any kind of business line of Credit that is unsecured.
11 November 2024 | 16 replies
Your credit cards should be used as a last resort.
11 November 2024 | 2 replies
Will it match the statement amount up with the actual credit transaction for the bank account attached to Stessa?
12 November 2024 | 6 replies
@Grace Hartman Most of the time sellers offer credits instead of fixing repairs.
14 November 2024 | 10 replies
I have a side business doing tax returns for real estate investors and property managers.
12 November 2024 | 4 replies
well. lower tax's generally helps RE and business as a whole. will have to see if they come up with something specific like the cost seg rules that are redy to sunset.
11 November 2024 | 9 replies
2.For purchases made on a credit card, is it best to use separate cards, or are there good methods for tracking expenses by property?