Blog
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Real Estate Syndication Tax Benefits Explained
Real Estate Syndication Tax Benefits Explained Real estate syndications are a powerful investment strategy that allows individuals to pool money together to buy larger properties—like apartment buildings, RV parks, mobile home parks, or retail centers—that would otherwise be out of reach for a single investor. This approach opens doors to lucrative real estate investments and comes with…
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What Is Going-In Cap Rate? A Complete Guide for Real Estate
What Is Going-In Cap Rate? A Complete Guide for Real Estate The going-in cap rate is an important tool for real estate investors. It shows the potential return on an investment property when it is first bought. To figure out the going-in cap rate, you divide the property’s expected first-year net operating income (NOI) by…
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Investing in Tax Liens: An Effective Passive Income Investment
Investing in Tax Liens: An Effective Passive Income Investment Investing in property tax liens can be a unique way to generate income and diversify your portfolio. When property owners fail to pay their property tax bill, local governments create tax liens by placing a legal claim on their real property. By purchasing these liens, you…
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Commercial vs Residential Real Estate: Which Is Better?
Commercial vs Residential Real Estate: Which Is Better? If you’re a high-income professional stepping into real estate investing for the first time, then one of the first questions to ask is, “Is commercial or residential the best place to start?” Understanding how each type aligns with your financial goals is key, considering their risks, potential…
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A Dentist’s Take on Dave Ramsey’s Baby Steps
A Dentist’s Take on Dave Ramsey’s Baby Steps Dave Ramsey’s Baby Steps has really made a name for itself as a go-to personal finance framework in America. They lay out a structured, step-by-step guide about: getting your finances under control getting out of debt building up your wealth From the get-go, I saw the Baby Steps as…
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The Short-Term Rental Tax Loophole for W2 Earners Explained
The Short-Term Rental Tax Loophole for W2 Earners Explained Rather watch instead? Short-term rental properties have become a popular investment strategy in recent years. They offer unique tax benefits to help investors reduce their overall tax burden. This approach, sometimes called the short-term rental tax loophole, allows property owners to offset their rental income with real…
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Top 5 LLC Tax Loopholes Small Business Owners Should Know
Top 5 LLC Tax Loopholes Small Business Owners Should Know Small businesses are a cornerstone of the U.S. economy, driving nearly half of economic activity and creating millions of jobs. This has prompted the government to support them with various tax benefits, such as tax breaks, deductions, and credits. The Internal Revenue Code includes extensive…
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Solo 401k vs SEP IRA: Which Retirement Plan Is Better for You?
Solo 401k vs SEP IRA: Which Retirement Plan Is Better for You? Planning for retirement is a crucial step in securing your financial future, especially for doctors and other high W2 earners. If you’re self-employed, you may have additional options besides traditional employer-sponsored 401(k) plans. Understanding the various retirement plan choices can help you make informed decisions…
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How to Use the Augusta Rule for Tax-Free Rental Income
How to Use the Augusta Rule for Tax-Free Rental Income The U.S. tax code offers unique opportunities for those looking to optimize their tax positions (too bad they don’t teach us about that in school!). One such strategy is the Augusta Rule, which allows homeowners to generate tax-free income under specific conditions. This strategy particularly…
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How to Qualify for Real Estate Professional Tax Status
How to Qualify for Real Estate Professional Tax Status Have you ever heard of a high-income professional who pays little to no taxes? A big part of this could be the Real Estate Professional Status (REPS). This special tax status allows you to deduct depreciation (passive) losses from real estate properties against your W2 income…
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How Seller Financing Works in Real Estate Transactions
How Seller Financing Works in Real Estate Transactions Seller financing in real estate is an option that might be right for you if traditional mortgages aren’t a fit for your financial situation. This type of financing allows the seller to provide a loan directly to the buyer, making it easier for some people to purchase…
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How to Buy Commercial Property for Passive Income
How to Buy Commercial Property for Passive Income Commercial real estate can be a great investment, often offering better returns than residential properties (most people typically start off investing in single-family homes). However, even if you’re familiar with real estate investing, it’s important to know that buying commercial property is quite different from purchasing a…
