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24 January 2025 | 5 replies
However, Opportunity Zone investments require careful structuring to ensure compliance.Evaluate your priorities: If starting a business is the main goal, proceeds from your primary residence (with the capital gains exclusion) might provide the simplest funding option.This post does not create a CPA-Client relationship.
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22 January 2025 | 8 replies
I also hold a couple of real estate forums in the area for people like yourselves to connect with service providers, GC's, etc.
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14 February 2025 | 37 replies
Thank you for providing me some real useful strategies here.
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16 January 2025 | 12 replies
Smaller deals may sound "small" and yet they can provide a great deal of experience.4.
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21 January 2025 | 6 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it.We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.
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20 January 2025 | 9 replies
He provided great guidance and support while I was starting out in the "private capital" space which has allowed me to achieve financials prosperity in just 4 short years.
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18 January 2025 | 8 replies
You're running a business...you are not a social services provider.
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23 January 2025 | 30 replies
BUT………when asked a DIRECT question, it behooves the person attempting to build trust to provide a truthful direct answer, not insult the person asking the question and not by saying I don’t have to answer that, and not by stating the same unclear statement that was the Catalyst for the question.
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22 January 2025 | 0 replies
Mortgage recasting is a great option for homeowners who:Have received a windfall, such as a bonus, inheritance, or proceeds from selling another property.Want to lower their monthly payments without extending their loan term or going through the hassle of refinancing.Are satisfied with their current interest rate and loan terms.How to Get StartedIf you’re considering mortgage recasting, here are the steps to take:Contact Your Lender: Ask if they offer mortgage recasting and confirm your loan’s eligibility.Determine the Lump Sum Amount: Decide how much you can afford to put toward your principal.Calculate Potential Savings: Use an online mortgage calculator or consult with your lender to estimate your new monthly payment and total savings.Submit the Request: Once you’ve made the lump sum payment, your lender will process the recasting and provide a new payment schedule.Final ThoughtsMortgage recasting can be a powerful tool for homeowners looking to reduce their monthly payments and save on interest without the cost and complexity of refinancing.
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18 January 2025 | 18 replies
Or paying off my debt, while I provide them with a nice house to live in instead of an apartment.