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21 April 2024 | 8 replies
Notably, personal visits for maintenance purposes do not contribute to personal use calculations.
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21 April 2024 | 12 replies
So now, the Fed has contributed to raising rates for your average home buyer, but what about people who already own a home?
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18 April 2024 | 6 replies
(You act as the bank)Charitable giving to offset gainsTransfer the home into a trust (Like a CRT for example) that will avoid capital gains tax and you can have pay you a set income stream until your death and the remaining funds would go to charity.None of this is or possibly could be advice, I don't have enough info to fully know what is "best" but these are some ideas to think about!
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20 April 2024 | 6 replies
As long as my total portfolio is cash flow positive and contributing to my ability to accumulate property, I’m happy.
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22 April 2024 | 39 replies
Aside from my banks, I just want to know what it is because I want mathematical confirmation that the crux of my actions over the course of a year (I actually track it about every few months if I'm not submitting it to someone) are contributing to rather than subtracting from my pot of gold.
18 April 2024 | 4 replies
Rental bought in 2023 and initial return.For assets - Cash, depreciable assets less accum deprn, landFor liabilities - Open credit card balances (Charged rental improvements and expenses on 0% interest credit card)Partnership equity - Cash contributions less net lossMy assets are greater than liabilities + partnership equity
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19 April 2024 | 3 replies
These hours entail active involvement in managing business operations and directly contribute to the functioning of the enterprise.Considerations for Qualification:Full-Time Employment: Meeting REPS requirements can be challenging for individuals with full-time employment outside the real estate sector.
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18 April 2024 | 1 reply
Additional info to help the discussion: Rent growth year over year:Appreciation Growth Calculator (Conservative 3%) Scenario: Total cash in deal from Investor: $29,010Investor Contribution: 100%My contribution: 0%Goal: Figure out how in 5 years, I now own 100% of this property.
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18 April 2024 | 3 replies
Notably, personal visits for maintenance purposes do not contribute to personal use calculations.
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18 April 2024 | 3 replies
Notably, personal visits for maintenance purposes do not contribute to personal use calculations.