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Results (10,000+)
Stephanie Crawford Easiest HELOC right now?
15 May 2024 | 5 replies
P&L sounds like it might be for self employment income.   
Griffin Malcolm Help with Flip vs Rental Analysis
15 May 2024 | 4 replies
If we crush the rehab I think we can even push closer to 200Cash-Out Refi Amount: $131k (75% LTV of the conservative 175k figure) Profit if done as a flip: 60k. (175k - 115k purchase price & rehab)Cash Invested: 18k (This accounts for $7,500 for down payment to lender, $2,000 in EMD to seller, lender fees, inspection, insurance, title, projected 3 months holding costs at $1000 per month)----------------------------------------------------------------------------If I do it as a flip, from what I understand, I'll be hit with a ridiculous tax bill (24% short term capital gains + 15% self-employment tax), leaving me with roughly $36k after-tax profit. 36 - my 18 invested leaves me with 18k increase to my net worth.
Dawne Morris Need Refinancing advice
15 May 2024 | 13 replies
Maybe I'm not communicating clearly, I am employed I was only temporarily laid off.
Anthony Blanco Streamlining Multifamily Deal Analysis
16 May 2024 | 20 replies
From there look at other factors like what is the alternative to renting at the subject property, is it close to shopping or major employment centers, parks etc..?
John Carbone Bonus depreciation for STR Material Participation
16 May 2024 | 22 replies
In the IRS Private Letter Ruling that caused people to worry about this they said they would consider it subject to self-employment taxes (schedule c) if you provide services above and beyond.
Andrew Frank Raleigh-Durham home+rent appreciation continued growth or stagnating?
15 May 2024 | 12 replies
In the Raleigh Durham area we also have a strong university system that employers can draw from to support their employment needs. 
Jordan King Mid Term Rental
15 May 2024 | 17 replies
Are there any big employers up there? 
Ian Davies High IRR Multifamily Funds
14 May 2024 | 21 replies
Good schools and low crime, near interstate access but 15-20 min drive to major employment hub may be a Class B area.  
Jon Dawes Keep equity for lower mortgage payment on primary v. buy cash-flowing invesements?
14 May 2024 | 6 replies
He purchases a duplex primary home this year and in 1-1.5 years he purchases a nicer larger 2-4 unit, maybe in a more desirable area – that would make sense and generally get approved with primary home financing assuming of course he was going to occupy a unit.The whole strategy he plans to employ requires a “move-up” each new purchase and he already has a SFH which causes a big hurdle in the “move-up” strategy so once again selling that would behoove him.The plan he didn’t mention which is really the only plan that will work in the short term is:Sell current primary homePurchase owner occupied 2-4 unit with 5% downPurchase additional; 2-4 units with 25% down with the remaining proceeds from sale of primaryI am happy to make an introduction to Richard if you would like to discuss further.
Angie Guifarro Should I buy an investment property or personal residence first?
15 May 2024 | 12 replies
Notably, by the year 2022, I further expanded my real estate portfolio with the acquisition of another condominium, which I presently employ as a house hacking investment strategy.