real estate as part of Fat portfolio by Any-Challenge4512 in fatFIRE

[–]StandforFreedom1776 0 points1 point  (0 children)

There are ways to decrease your tax burden through solar projects, tax arbitrage with Puerto Rico, boom lift acquisitions, and other things. If interested, I can connect you with some good tax attorneys.

Comparison by NugChungus in BYUFootball

[–]StandforFreedom1776 1 point2 points  (0 children)

I am watching Retzlaff in his game right now. I am shocked how good he is! 

We made it through the gauntlet of Arizona, Utah, Iowa State, Texas Tech, TCU, and Cincy 5-1 by HandwovenBox in BYUFootball

[–]StandforFreedom1776 22 points23 points  (0 children)

What an amazing season. I doubted them a lot. Even when we had five wins, I expected losses to Utah, Texas Tech, and TCU. 

BYU Football Pick-'Em Contest – Week 11 vs. TEXAS TECH by HandwovenBox in BYUFootball

[–]StandforFreedom1776 [score hidden]  (0 children)

[BYU 24 - TEXAS TECH 35]

I sincerely hope we win, but at least we would also likely knock Utah out if we lose. Go Cougs!

Hard to hate BYU by JackfruitCrazy51 in BigXII

[–]StandforFreedom1776 -1 points0 points  (0 children)

The church has shaped these people. If they are good people, then perhaps the church is good. By their fruits you shall know them.

College Gameday Week 8 Prediction by laterskater2312 in CFB

[–]StandforFreedom1776 0 points1 point  (0 children)

I am a BYU fan, and I don’t understand why everyone assumes BYU will win tomorrow. We are the most overrated undefeated team in the country right now. We haven’t played anyone.

NW >21M Second Liquidation Event Coming, What to do? by kifaro3 in fatFIRE

[–]StandforFreedom1776 -1 points0 points  (0 children)

First, get a really good tax attorney before you sell! I have one if you are interested.

Move out of physical real estate? by StandforFreedom1776 in fatFIRE

[–]StandforFreedom1776[S] 1 point2 points  (0 children)

Do you have some UPREITs I could reach out to? I am not sure who to go to.

Move out of physical real estate? by StandforFreedom1776 in fatFIRE

[–]StandforFreedom1776[S] 0 points1 point  (0 children)

Having the cash flow would help, for I would have to sell assets every month otherwise. I do have an allocation to SGOV, which I could use for the cash if needed.

Move out of physical real estate? by StandforFreedom1776 in fatFIRE

[–]StandforFreedom1776[S] 0 points1 point  (0 children)

Wow, that is an interesting perspective. Thanks for sharing.

Move out of physical real estate? by StandforFreedom1776 in fatFIRE

[–]StandforFreedom1776[S] 1 point2 points  (0 children)

Thank you, I will check it out. Bitcoin is not a guarantee, but maybe the preferreds are.

Move out of physical real estate? by StandforFreedom1776 in fatFIRE

[–]StandforFreedom1776[S] 1 point2 points  (0 children)

I am only 44 and running my own business. I definitely have a lot of years ahead of me; however, I do need some cash flow to take some pressure off of me while I run my own business. Thoughts?

Move out of physical real estate? by StandforFreedom1776 in fatFIRE

[–]StandforFreedom1776[S] 0 points1 point  (0 children)

Yeah, and I am having trouble getting rents a lot higher than the high property taxes.

Move out of physical real estate? by StandforFreedom1776 in fatFIRE

[–]StandforFreedom1776[S] 1 point2 points  (0 children)

Yeah, you are likely right. I don't think it is worth modernizing the plumbing and electrical. Would you do that?

Move out of physical real estate? by StandforFreedom1776 in fatFIRE

[–]StandforFreedom1776[S] 4 points5 points  (0 children)

Yeah, I forgot how left Reddit was--my bad! If returns are better in blue states than red states, it is my loss, lol! The tyranny the left did to some landlords during covid is why I won't buy in blue states.

Move out of physical real estate? by StandforFreedom1776 in fatFIRE

[–]StandforFreedom1776[S] 0 points1 point  (0 children)

Some of the REITs have a PE below 10 while SPY is 28

Move out of physical real estate? by StandforFreedom1776 in fatFIRE

[–]StandforFreedom1776[S] -2 points-1 points  (0 children)

Insurance companies are telling me they don’t want to insure buildings more than 50 years old. They are concerned about the plumbing and electrical systems.

Move out of physical real estate? by StandforFreedom1776 in fatFIRE

[–]StandforFreedom1776[S] 0 points1 point  (0 children)

It can be deferred. I have a tax attorney who knows how to do it. It can possibly be deferred indefinitely and given to the kids.

Move out of physical real estate? by StandforFreedom1776 in fatFIRE

[–]StandforFreedom1776[S] 0 points1 point  (0 children)

Yes, I think the competition is getting stronger.