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8 January 2025 | 6 replies
And she’s the one that released the latest tax rates and year to year comparisons in September of 2024.
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25 January 2025 | 155 replies
I learned so much from the course and PCS, and I'm claiming all of my cost on my taxes.
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24 January 2025 | 13 replies
Taxes 10k HOA is 9k The current owner never did short-term rentals.
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13 January 2025 | 3 replies
Hi Ricky,Being in operation for 10 years with mid seven figures of assets and NNN leases,it would be wise to speak with your tax advisor regarding if the tax set up should be an LLC, an S-Corp or a C-Corp.It would also be wise to speak with an asset protection attorney to find out if this is something that might be beneficial to you in that area.
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25 January 2025 | 6 replies
As far as whether to approach them with or without an agent - approaching them directly without an agent can save the seller probably 2.5-3% of fees, which give you some room to negotiate on the price, but you need to be confident that you are capable of evaluating the property value, estimating on the amount of work that is needed, knowing how to negotiate/ structure the deal, and navigating the closing process.
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31 January 2025 | 5 replies
I would push for very low or no money down but having a Realtor that needs to have their fee paid it may still not work.Look up the owner if possible through truepeoplesearch.com and call them up directly.
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23 January 2025 | 20 replies
I have a non-residential commercial mastermind and the fee started at $2500 in season 1.
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21 February 2025 | 17 replies
You'd need to show the income on your tax returns and/or have a lease and first month's rent/security deposit for the unit you were living in.
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21 January 2025 | 59 replies
Some people look at PM fees as “wasted” or something they could do themselves.
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27 January 2025 | 8 replies
I'm assuming you are arriving at your cash flow number by applying Gross income - cap ex, maintenance, utilities, vacancy, tax, insurance, mgt, landscape/snow & Debt service?