Clay Teegarden
Fix and flipping tax implications.
17 October 2024 | 9 replies
@Clay TeegardenAmongst the avalanche of nearly identical responses from my fellow accountants about setting money aside and rates and so on, I will repeat a point that I consider crucial:There is no guarantee that you will have any taxable profit when you start flipping.
Ted Barrett
Mortgage Rates Eating into Cash Flow Under 1% Rule
18 October 2024 | 25 replies
Take for instance my B+ located quadraplex consisting of 2 Bedroom units in Philadelphia that rent for just shy of $3,000/m and compare my building to the nearly identical quadraplex building in a C location in Philadelphia were the rents are $1,200/m.
Andrew Burrell
LLC Creation Advice
14 October 2024 | 9 replies
Also, if a claim were to be filed won’t the identity of the member(s) be determined through the discovery process?
David A.
Are we biting off more than we can chew for out first BRRRR? Any tips?
16 October 2024 | 10 replies
I have ran these numbers probably 30x, using ChatGPT and Python scripts, and they are almost identical to these numbers every time.Am I missing something?
Bob H.
Is a Zillow premium listing for a rental worth the cost?
10 October 2024 | 1 reply
To really know the result, I'd need to be advertising two identical properties -- one with a premium listing and another with a regular listing.Does anyone have experience that clearly shows a result from using a premium listing?
Sanil Subhash Chandra Bose
Simple Guide to Conducting a Title Search: DIY Before Hiring a Title Company
11 October 2024 | 7 replies
Search for Liens and Other Property Records Search Methods: By Parcel ID: Enter the Parcel ID to find the most accurate results.
Dana Jordan
Screening Potential Tenants Without A SS Number
4 October 2024 | 9 replies
If they don't have a social security number, then you can't run a credit/criminal background check, and they shouldn't be approved.You can't verify their identity.
Daisy Hawkins
Do I run the risk of exposing my anonymity by transferring from personal name to LLC?
8 October 2024 | 36 replies
With the exception of a few states, transferring your property from your name to an LLC will not hide your identity, given your name will still be identified on the public record as a member of the LLC.
Jonathan Greene
If You Never Want To Hear About Columbus In the Forums Again, Reply Here
20 October 2024 | 147 replies
The production and reviews are all there and they can not be fake.Final take - they guy who shows up late to the party wearing a bag over his head to hide his identity and is scared to record on Zoom when everyone can watch is the one out of touch.
Michael Fucillo
Feedback on Rentvine
7 October 2024 | 20 replies
Then came investor financial data, I wanted at least a few years in there, I got a totally different-identical answer:"another one of our customers just imported his on his own with our API."