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15 November 2024 | 4 replies
If you have people cutting you large six digit and 7 digit checks, I keep my ears open to hear what they are saying.
13 November 2024 | 5 replies
Quote from @David Contreras: How difficult is dividing land that used to be separate, but is now a large lot as a result of a voluntary merger by the previous owner ?
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13 November 2024 | 4 replies
Banks often have higher fees and less favorable rates, while online services like Wise offer more competitive options.As @Ryan Konen mentioned, other alternatives include Revolut for multi-currency transfers and OFX for large transfers without limits.
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14 November 2024 | 1 reply
Especially one that will be inheriting a large donation like property.
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23 November 2024 | 38 replies
I own a large portfolio of SF rentals in Memphis, TN.
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13 November 2024 | 5 replies
In principal it sounds good but I am not sure how it is better unless it eliminates a large deposit.
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15 November 2024 | 7 replies
Long term investors will eventually have a large loss claim so appreciate you sharing if you can.
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12 November 2024 | 5 replies
We're looking at a strategy focused on BRRRR (looking at good markets in SE US like Birmingham, AL), and large land wholesaling.
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18 November 2024 | 47 replies
It works like this:(1) Save up enough money for a down payment(2) Buy a single family home that you will Airbnb/VRBO(3) Ensure the “average period of customer use” is <=7 days(4) Materially participate (5) Cost segregate the property, resulting in large depreciation deductions(6) Use the losses from step 5 to offset your W2 incomeWhat makes this possible is that operating an STR is considered “non-passive.”
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7 November 2024 | 22 replies
I don't mean to discourage you from forming an LLC, but there are real costs, beyond formation.