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Nick changed their profile picture 6 years, 3 months ago
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Nick's profile was updated 6 years, 8 months ago
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Nick wrote a new post, 3 Ways to Access Tax-Free Cash for Your Next Deal, on the site RealEstateInvesting.com 7 years ago
After weeks of digging, you find a home run deal for a new rental property to add to your portfolio. The asking price fits within your budget, the numbers work, and the cash flow is exactly what you're looking […]
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Nick wrote a new post, Are You Missing These Tax Payments?, on the site RealEstateInvesting.com 7 years, 1 month ago
Do you have income that is not subject to federal and/or state income tax withholding? If so, you may be required to make quarterly estimated tax payments.
Why?
The reasoning is that taxes must be paid on […]
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Nick wrote a new post, Make Your Kids Tax-Free Millionaires, on the site RealEstateInvesting.com 7 years, 1 month ago
Yep, you read that right… Tax – Free – Millionaires.
And that's not even the only good news… You can lower your taxes in the process AND educate your kids. Talk about a slam dunk!
Let's take a look at h […]
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Johnpaul Paquibot and
Nick are now friends 7 years, 2 months ago
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Nick wrote a new post, Tax Implications of Seller Financing, on the site RealEstateInvesting.com 7 years, 2 months ago
If you've never heard of “seller financing” (AKA “owner financing”) in relation to real estate, the good news is it's an easy concept to understand. The better news is that it could be a tax-advantaged strateg […]
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Celta Vallecano replied 1 week, 4 days ago
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Nick wrote a new post, How To Spend Other People’s Money & You Get The Tax Write-Off, on the site RealEstateInvesting.com 7 years, 3 months ago
Wouldn't it be nice if you could get a tax deduction for something you didn't pay for? Well, guess what… You can! (Bet you didn't see that coming) What is this sorcery and how is it possible?
One w […] -
Nick wrote a new post, Expensing vs. Capitalizing Repair Costs, on the site RealEstateInvesting.com 7 years, 3 months ago
I think it's safe to say the debate on whether to capitalize or expense repair costs applies to every landlord.
Show of hands…
Who has never done a single repair on any property…ever.
Anyone?
I […] -
Nick wrote a new post, Are You a Real Estate Professional?, on the site RealEstateInvesting.com 7 years, 4 months ago
I played baseball my entire childhood, all the way through high school. I enjoyed it and was fairly good at it, but I didn’t devote most of my time to it. Spoiler alert – I did not make it to the MLB as a pro […]
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Nick wrote a new post, A Real Estate Investor's Guide to Active vs. Passive Income, on the site RealEstateInvesting.com 7 years, 4 months ago
The goal of every investor is to generate more income than expenses incurred. As long as cash inflows exceed cash outflows, you're happy – I mean, income is income, right?… WRONG
We're dealing with two s […]
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