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12 January 2025 | 2 replies
3) Any specific states you recommend to set up any of these (Not sure where I'll be purchasing property yet, maybe Detroit, maybe Cleavland, maybe Augusta, maybe Des Moines, maybe Saint Cloud, maybe Memphis...)4) I already have a LLC based in Hong Kong (We call them limited companies, but the principle is the same).
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23 January 2025 | 9 replies
. :)IN SUM: Based on what you've shared, it sounds like you won't need to rezone if you just want to build a duplex.
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28 January 2025 | 14 replies
Personally I think there are good loans out there but people look for the "perfect" loan that fits their buy box and meets a desired return - which the return is going to be based on risk.So for many you cannot have your cake and eat it too. thoughts?
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17 January 2025 | 24 replies
Based on experience, the existing accounts for the Quest Solo 401k plan can continue to be used and simply be governed by the new Solo 401k plan going forward.
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14 January 2025 | 5 replies
Selling your share at fair market value could avoid gift tax but may trigger capital gains tax for you based on the sale price and your cost basis.In California, the transfer may also trigger a property tax reassessment under Proposition 13 unless a specific exemption applies.
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15 January 2025 | 2 replies
Lots of folks are pulling out cash based on the appraised value for their next projects and holding for a few years to benefit from appreciation.
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21 January 2025 | 10 replies
Hi @Robert Spiegel, My answer to this would truly be based on your Lease Agreement. 1.
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17 January 2025 | 3 replies
A Title Company can distribute the proceeds based on the agreement, and consulting a CPA will help calculate tax liabilities and explore strategies like a 1031 exchange to minimize taxes.
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19 January 2025 | 55 replies
You might as well go with a big outfit such as Buildium or Doorloop.Had the accounting portion been included in the base annual subscription price I might have stuck with it.
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12 January 2025 | 10 replies
Nightly rates and estimated revenue based on all the other units in the area?