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16 January 2025 | 12 replies
The tax treatment in such cases may vary depending on specific circumstances.
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14 January 2025 | 7 replies
@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.
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12 January 2025 | 3 replies
Creative Financing" can mean a lot of different things depending on who you're talking with.
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21 February 2025 | 182 replies
Marco and company are a legit brokerage for sure.on the build side this depends on how much money your sending and if your sending to escrow or direct to the builder. also I am building in Ocala currently and time lines are no where near what we expected . and its almost impossible to control cost up front.so as long as your OK with flexible time lines ( and believe me no builder wants to go long) and price of material fluctuation then you wont be frustrated .
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9 January 2025 | 116 replies
As I grow I will hire a virtual assistant to take a few more tasks off my plate to allow me to live the same lifestyle.
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11 January 2025 | 6 replies
It all depends on your location and service.
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14 January 2025 | 15 replies
This depends on the details.
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16 January 2025 | 19 replies
Depending on how far values decline is the difference between a partial loss and total loss. in essence its the same position of those who make second loans behind the first or third position when pref goes in front of you..
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16 January 2025 | 1 reply
For full time management rates can range from 20-30% of gross revenue depending on the level of services provided.
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16 January 2025 | 23 replies
For example, an ADU is nice for a rental, but not every home buyer wants to pay a premium for an ADU on their property.This would be case by case and property dependent.