Jovani Rocha
First time home buyer wanting to do it through a LLC to rent out!!!
23 March 2024 | 7 replies
Because of the protections an LLC offers in this space, I'd simply say my non-expert opinion would be to spend a little extra to make a separate LLC for this new home, for the legal protections & to make your taxes less of a headache for you.
Stetson Oates
No Submitted Applications
25 March 2024 | 3 replies
We always provide the applicant with a list of required qualifications: income/rent %, credit score, evictions, etc.
Benjamin Sulka
House Hack Numbers Not Working (after I move out in 12 months)
26 March 2024 | 39 replies
If you provide us with some details we might be able to better help, what did the last one look like?
Julio Gonzalez
Cost Segregation Study on Small Office Space
25 March 2024 | 0 replies
An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provides support for the property tax appeals process.Additionally, it can help maximize renovations and improvements.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.
Sunny Patel
Question regarding SDIRA qualified vs disqualified transaction
24 March 2024 | 2 replies
My father wants to use his SDIRA to provide a loan to the LLC him and I are equal partners in.The loan would provide the additional funds we require to purchase an investment property.The LLC would pay principle and interest at market rate to the SDIRA.Would this be considered a disqualified transaction?
Furkan Ozcan
Tool or Automation for Zillow Listing Agents?
25 March 2024 | 13 replies
Newer brokerage policies in our mls have more clearly separated listing and buyer broker fees, so you can likely interview nearby buyer brokers who will provide the service for a set cost or possibly work with you to represent you on an agreed upon sales commission where if seller doesn’t offer to cover it, there’s a minimum you’ve agreed to pay to broker on any purchases that are realized through their service.
Jonathan C.
Losing money on turnkey property. Should I sell?
24 March 2024 | 19 replies
You said you bought from the turnkey provider.
Robert D.
chicago demo court
25 March 2024 | 13 replies
Offer to pay the neighbors a reasonable amount say $50 - $100/mo. as they're doing you a GRAND favor helping you and besides that extra money may aide with commuting costs to work or a boost to their monthly budget or a their savings account!
Sole Angel
How to know a real lender?
25 March 2024 | 6 replies
Secondly, transparency is key—ensure the lender provides clear information about all fees and costs involved line by line.
Gary Garrett
Hiring where to start?
25 March 2024 | 11 replies
Whatever has been provide to any w2 employee you will provide.