Brandon Kelly
How to structure a little-to-no downpayment loan on a rental?
2 April 2024 | 2 replies
Brandon,There are some commercial lenders that will allow a "Seller Held Second" but most banks/lender now a days shy away from that type of financing.
Jack Quin
House Maintenance Question
3 April 2024 | 6 replies
If they fail to report something and it results in more damages, they can be held liable for that, as well.I also recommend setting limits on what you will repair.
Christian Hanus
Hiring Myself to do a Heaver Turn
2 April 2024 | 1 reply
Please keep in mind that for flipping, any investment held under 12 months is regular income, not capital gains income.
Meredith Ogden
What should I do with the money I’m about to receive?
2 April 2024 | 10 replies
Here are some considerations regarding the tax implications and getting started in real estate investing:Tax Implications: Cashing out stocks may trigger capital gains taxes, depending on factors such as your income tax bracket and how long you've held the stocks.
Lupei Chou
Warrior's of Wealth Coaching, anyone with experience?
2 April 2024 | 18 replies
Your hand is held when necessary to get you over the tough humps, yet our tools are pretty flexible.
Amanda Preston
Subdivided land- tax
1 April 2024 | 1 reply
The tax treatment of your land sales would typically be determined based on when each parcel was sold and whether they were held for investment or business purposes.
Jon Leidgen
One LLC for multiple properties or individual LLC’s
3 April 2024 | 6 replies
I established a parent LLC that held two subsidiary LLCs—one for the properties in Georgia and Indianapolis and another for those in Alabama.
Remington Childers
Renovation Advice for Heavy Use Items
2 April 2024 | 8 replies
But I have had hardwoods in all my rentals over the years, and they held up quite well, with minimal, if any costs incurred on the normal turnover.
Javier Pompa
Duplex Mailing Address Issue
1 April 2024 | 6 replies
You might want to say that you don't want to be held responsible for their mail, incase some of their mail gets either misplaced or you end up getting accused of something.
Dan Becker
Legal/Tax Suggestions for Seller wanting to preserve step-up tax shield benefit
1 April 2024 | 10 replies
Hi All,I am looking for deal structure suggestions on a unique situation that involves a home held in trust.I have a seller who owns and rents out an SFR that has an FMV of $~2M.