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15 December 2022 | 6 replies
After I pay all the bills associated with the house and the mortgage I am now at $2,990/mo.
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15 December 2022 | 3 replies
There are ways to transfer a property from personal name to LLC without triggering the due on sale clause in most mortgages, but you will want to look closely into the risks associated with that transfer.
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15 December 2022 | 5 replies
In addition sometimes condo associations have restrictions on what kind of tenants can occupy the property.
9 December 2022 | 3 replies
This can help you identify professionals who have a reputation for delivering high-quality work and excellent customer service.You can also contact local real estate industry organizations, such as the Glendale Association of Realtors, to ask for recommendations and advice.
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15 December 2022 | 13 replies
Consider if the association lets you STR and if they let you use electronic locks so you don't have issues getting keys to people.
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15 December 2022 | 12 replies
The mortgage news daily survey shows a daily average for 20% down, good credit primary residence that you can compare your quotes against: https://www.mortgagenewsdaily....Mortgage News Daily - Mortgage And Real Estate News
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31 August 2015 | 11 replies
Also, make sure you keep all documents associated with this applicant for 25 months in case they file a dispute.
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16 December 2022 | 3 replies
Meet People with Experiences Similar to Your Own: There are many organizations (both free and paid) out there that you can join such as BiggerPockets forums, local real estate meetup groups, The Entrepreneur's Organization, your local AICPA group, etc. that gives you a place to receive advice, guidance, problems and ideas.Utilize the R&D Tax Credit: Your business could receive a 10-20% refund for employee labor that’s associated with improving a product or process.Utilize Employee Retention Tax Credits: If your employees that worked for your business during the pandemic are retained through the end of 2021, your business could receive up to $9,000 each quarter that your employees were retained.Own Your Own Office: This would allow you to have multiple tax deductions, utilize depreciation, take advantage of appreciation of the property, as well as allow your company to rent out any unused space to help pay the mortgage.Take Advantage of Energy Efficient Tax Credits: There are many opportunities to take advantage of these credits such as updating the HVAC system, installing energy efficient lighting, etc.Perform a Cost Segregation Study on Your Property: This would allow your business to immediately write off the personal property within the building.Utilize Work Opportunity Tax Credits: If you hire employees from groups that typically face a barrier when it comes to employment such as people with physical or mental disabilities, veterans, etc. your small business could receive a tax credit while also helping the underserved.Use the SCORE program: This program is free and connects you with resources, and mentors and specifically focuses on helping small business owners excel.
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15 December 2022 | 6 replies
You may be able to get away without some of the following.Civil Engineering-Drainage/Utilities/Tank $10,000-$12,000Site Survey $3,000Geo-technical/Soils Engineering $3,000Mechanical/HVAC $3,000-$4,000Electrical Engineering $2,000Structural Engineering $4,000Architectural $15,000-$20,000Landscape Design $5,000It adds up quick.
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10 August 2017 | 19 replies
HOWEVER, I would take an hour to figure out market rates, condition to know approximate expense ratio, know what to plan on capital expenditures, and know what as improved rental rates and expenses associated with that would be.