Category: Real Estate
-
Cost Segregation Study: How It Works For Real Estate
Cost Segregation Study: How It Works For Real Estate If you decide to invest in real estate, then you’ll quickly realize that you’ll potentially face several costs, such as: purchase price of a property renovation expenses land improvements Fortunately, a cost segregation study can help investors reduce their tax liability and free up cash for future investments.…
-
How To Invest In A Real Estate Syndication – Beginner’s Guide
How To Invest In A Real Estate Syndication – Beginner’s Guide Real estate investments offer high-income earners multiple opportunities to diversify their portfolios and generate passive income. As a periodontist, I quickly found out after a wrist injury, just how important having additional income streams was. When I started in real estate, I thought I…
-
Schedule K-1 Tax Form: What To Know As a Passive Investor
Schedule K-1 Tax Form: What To Know As a Passive Investor Tax advantages are one of the primary motivations for investing as a limited partner (LP) in real estate syndications. These benefits are passed on to the LPs through an IRS document called the Schedule K-1 tax form (Form 1065). If you’re in a business partnership, this…
-
What Is A Short Term Rental? Your Guide To Investing
What Is A Short Term Rental? Your Guide To Investing Short-term rentals (STRs) have been gaining popularity lately, especially among people who want flexibility and convenience when they travel or relocate temporarily. A short-term rental, as the name suggests, is exactly what it sounds like. It’s when you rent a house or apartment for a shorter…
-
Top Advantages Of Real Estate Professional Tax Status
Top Advantages Of Real Estate Professional Tax Status Real Estate Professional Status (REPS) gives individuals unique tax benefits that can significantly impact their financial outcomes (especially physicians and dentists). The Internal Revenue Service (IRS) sets strict guidelines to qualify for real estate professional tax status, which offers distinct advantages in reducing taxable income. Achieving REPS can be…
-
How To Make Money With Commercial Real Estate Investing
How To Make Money With Commercial Real Estate Investing Investing in commercial real estate can be a lucrative way to build wealth and diversify your investment portfolio. This sector comprises various property types, from office spaces and retail buildings to industrial units and apartment buildings. It’s particularly attractive for busy, high-income earners (i.e., dentists and…
-
Real Estate PPM: Mitigating Risk and Maximizing Return on Investment
Real Estate PPM: Mitigating Risk and Maximizing Return on Investment If you’ve been reading this blog or watching some of my YouTube videos, you know that real estate syndications are one of my favorite investments. In 2017, my first investment was an apartment syndication in Dallas. It was nerve racking to go through the process…
-
How To Avoid Depreciation Recapture Tax On Rental Property
How To Avoid Depreciation Recapture Tax On Rental Property One of the reasons that kept me from investing in rental real estate was trying to understand what all of the terms meant. Trying to learn this brought back vivid memories of dental school where it seemed that the teachers were speaking a differerent language such…
-
Real Estate Depreciation: #1 Tax Strategy for Busy Professionals
Real Estate Depreciation: #1 Tax Strategy for Busy Professionals As a doctor or other high-income professional, you probably fall into the highest tax bracket (37%), which is a significant expense. When I started my dental practice from scratch, I bought a new office along with equipment to furnish it. My CPA told me I could…
-
Multifamily Real Estate Syndication: A 2023 Investment Guide
Multifamily Real Estate Syndication: A 2023 Investment Guide Are you interested in real estate investing but struggling with how to juggle a full-time career plus dealing with tenants? If so, then you may want to consider investing in a multifamily real estate syndication. This type of investment involves pooling resources with other investors to acquire…
-
Mobile Home Parks: The Hidden Gem of Real Estate Investing
Mobile Home Parks: The Hidden Gem of Real Estate Investing When I first considered investing in commercial real estate, a few scenarios came to mind, such as buying a short term rental or a few small apartment buildings. I’d even contemplated self-storage, a handful of single-family homes or a medical/dental office building. But one asset…
-
Real Estate Risks: What To Know Before Investing In Syndications
Real Estate Risks: What To Know Before Investing In Syndications Recently, one of our Passive Investors Circle members (a 45-year-old anesthesiologist) reached out wanting to know more about real estate investing in syndications. Currently, he’s heavily invested with his financial advisor in the stock market and wants to start building additional sources of income to retire…