William Coet
Is There Financial Relief For Commercial Landlords W/O Employees?
7 May 2020 | 2 replies
If you pay yourself a wage from your business with Payroll taxes you qualify for PPP based of 2019 earnings for yourself.
Nicholas Morgan
First Property - LLC for Property Management?
9 May 2020 | 6 replies
Or you can use an attorney and make if more sophisticated.
Nicholas DeFelice
Questions Regarding "turnkey" Investments
9 May 2020 | 8 replies
I've never made an offer on a turnkey property, however, a good buy is a good buy and I wouldn't rule it out completely if it meets your criteria.Using an experienced sophisticated realtor that is not associated with any turnkey companies is always a good idea.
Billy Bob
No primary mortgage because too many rentals?
10 May 2020 | 2 replies
Second, those who retain servicing are concerned with capacity to process loss mit and loan workouts so they don’t want any investor loans or loans secured by the primary residence of investors because, statistically, investors are more likely than less sophisticated borrowers to strategically default.
Connor Stark
Raising Capital For Projects
7 January 2020 | 3 replies
You start small, eat at your level of sophistication, perform, give investors great returns, and rinse/repeat as you work your way up the ladder.
Al Pat
Rental LLC election Partnership or S-Corp
6 January 2020 | 5 replies
It may also require the filing of payroll tax returns.Partnership return can potentially provide a larger qualified business income deduction.You mentioned having a rental(buy and hold), if this is the case, I would steer far away from the S-Corp.Again, depends on all the facts and circumstances.
Onye Chukwuma
How to evaluate potential renters
11 January 2020 | 6 replies
Prefer longer term employment in a job that is not likely to go away, for a large fortune 500 company that has HR department and payroll check stubs/earnings reports.Good impression of them, well groomed, vehicle is not a mess.
Kellan Martz
Planning to invest w/ several friends - buy & hold (turnkey or ?)
10 January 2020 | 15 replies
The other two are not sophisticated in real estate, so I would likely be taking the lead while they would be contributing financially and also making decisions on the larger matters (while I would probably handle more day to day issues).
Brian Ness
Buying multifamily, seller broke contract.
9 January 2020 | 9 replies
This new investor was sophisticated and clearly knew what to do to get into a great position.
Joseph Stewart
Gas station / convenience store / liquor store due diligence
11 January 2020 | 3 replies
I obviously plan to request detailed POS reports, purchase receipts, bank statements, payroll reports, tax returns, and all the rest, but I'm not sure I can dig into all that within 20 days.Thanks in advance for any guidance!