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7 July 2021 | 9 replies
Once they see that higher charge, they'll figure out how to operate a pen again.
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6 July 2021 | 6 replies
That's why it's always recommended that you operate like a business instead of someone that leads with their heart.She can't afford the rental.
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6 July 2021 | 6 replies
A single-family home that's zoned for business use has additional value because it's flexibility to operate as a business, a residence, and possibly even a short-term rental.
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18 July 2021 | 12 replies
I do understand that if I am buying and managing the property myself, all my direct expenses to manage the business are tax deductible, but since I'm thinking of investing on a turnkey basis and planning to hire a property manager for day to day operations, following would be tax deductible as a passive investor.Mortgage InterestProperty TaxProperty Management FeeDepreciationInsurancePossibility of 1031 exchange (Future)When investing via a real estate syndication as a limited partner:20% of the pass through income from the LLC is tax-deductibleThe Syndication LLC obviously would be taking the tax benefits of depreciation, property tax, mortgage interest deductions etc., but as a passive investor, is it more beneficial to invest directly in real estate than investing via a syndication?
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6 July 2021 | 19 replies
Mike,I have about 140 units I own/operate across multiple markets, including the seacoast area, throughout NH.
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18 July 2021 | 4 replies
My attorney had me create a single member LLC and then create an operating agreement where we both are members.
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16 July 2021 | 5 replies
Looking at Mark Kohler and he suggests using this structure for operations vs passive income.
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14 July 2021 | 13 replies
Mostly comes down to being sure of the numbers when you purchase, making sure that the rents cover the operational costs and then some.
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6 July 2021 | 1 reply
Guaranteed leaseback, no vacancy, appreciating market, low operating expenses due to continuing the same occupant.Is $3500/mo guaranteed for 18mos worth the high $780k pricetag?
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7 July 2021 | 13 replies
Private lenders don’t operate like a credit card company where when you reduce the balance owed, they reduce the payment/interest owed.