@edwardcollins_upleveled: Thinking of diving into real estate? Here's a tip: a real estate license could significantly cut down your initial investment. For FHA mortgages, the agent's commission might just cover your down payment. But remember, while it's a smart move, commission is also taxable. #EdwardVerified #RealEstate #FHAloans #PropertySavings #InvestmentStrategies #GetUpleveled credit: @icedcoffeehour SF0317

Edward Collins
Edward Collins
Open In TikTok:
Region: US
Saturday 30 December 2023 16:52:46 GMT
182916
12023
62
222

Music

Download

Comments

jrdub30
jrdub30 :
The “agent” will not make 3%. Many holes in this theory.
2024-01-01 04:21:22
28
heather_chadwell
heather_chadwell :
No way don’t get your license oversaturated plus it’s expensive being an agent, fees, cuts, taxes, ect
2023-12-30 19:45:59
0
dudewhereismytiktok
Angel Alexander :
And!! You need a broker and to pay your broker.
2023-12-30 18:22:22
14
.darealskinny
_ :
So you could put %0.5 down w out real estate license?
2023-12-30 18:10:45
1
sspanishuber
Chupapi :
Anddd whoever your broker is unless you have your ownn broker which is pretty expensive, is going to take a percentage out as well.
2024-02-23 12:54:12
2
charhiaring
Real Estate Influencer :
I hate being a realtor
2023-12-30 18:08:21
1
user9xtjo5vay0
ОСТИН Алле :
Is it taxed if it’s not a realized gain
2024-01-02 06:01:27
0
taxrelief
Strategic Tax Relief :
3. You need to disclose that you have a real estate license and it may open you up for liability post sale
2023-12-31 01:35:30
5
jaylen_w5
Jaylen🕺🏿 :
How can I do it without licensing?
2024-01-26 04:14:08
1
makemorerev
MakeMoreRevenue :
I’ve gotten both a real estate and insurance licenses to better understand those industries. Invest into yourself! 💯 😎
2024-01-25 17:25:49
5
sibdynasty
Faze Johnny :
No it wont be taxed. Just get it put towards your closing cost instead of getting a check
2024-01-21 16:57:04
2
brandonq._.66
BrandonQ :
Does it benefit you on investing on real estate? Like would it make things easier from the knowledge?
2024-01-17 02:51:45
1
dianapolo_realtor
Diana Polovko :
Pay for real estate school, fingerprints, test, license, license activation. national, state, local realtors fees, 1 time fee joining local board, MLS fee and 1st 3 transactions broker takes about 50%
2024-07-21 03:26:52
0
tellymfnrich
tellymfnrich :
The commission is getting taxed regardless if u use it in the deal or get the check
2024-03-20 06:11:43
0
8chriswell8
ChriSwell :
Not anymore!
2024-03-18 01:09:06
0
elrr5.7r
RR :
So it’s a tax write off?
2024-02-10 15:18:55
0
rodanflyer
rodanflyer :
doesn’t the real estate firm pay for the mortgage?
2024-03-06 16:53:14
0
gary.klosowski4
garyklosowski5 :
😂
2025-02-05 13:37:19
0
danmartininsurance
dmi :
👍
2024-06-18 13:42:18
0
tradingrushc
Fxaccurate US :
I appreciate your efforts and time you put in generating income for me.@Brian Jung
2024-07-07 04:21:55
0
unavailablerightnow000
unavailable :
I don't trust a guy that looks like he's gonna sell you cigarettes that fell off a truck
2024-01-02 22:07:29
0
raymondlopez_the_realtor
Raymord :
But why not get the license sign on to a low split brokerage and gain access to all the tools realtors have access for other deals down the road.
2023-12-31 23:53:48
5
ronjones_idahorealtor
Dr. Ron Jones | Idaho Agent :
No mention of the price to take the real estate agent classes and fees to take the tests to get a license.
2023-12-30 23:23:53
4
elpanamamaniac
El Panamanianiac :
3k a year in fees lol
2024-02-02 17:04:14
2
darinmccravey
Darin McCravey :
USDA loans are 0 down sooo
2023-12-30 20:20:14
2
gman9560
Gman :
😂😂😂 you have a split with a broker, MLS fees, NAR fees and board fees. your 3% barely pays for a portion of that.
2023-12-30 22:06:14
1
aje2431
aje2431 :
Holes plus then you have some liability issues with this 😅
2024-01-02 20:54:29
0
thehofficiel
thehofficiel :
😁😁😁
2024-01-01 16:51:26
0
itsmercadante
Giuseppe Mercadante :
This dude just steals other people’s content like this
2023-12-31 22:59:14
0
n82dixson
Noah Dixson :
Can you utilize this 3% on a 0% down utilizing a VA Home lone? @Edward Collins
2023-12-31 20:12:42
0
To see more videos from user @edwardcollins_upleveled, please go to the Tikwm homepage.

Other Videos


About