Vidit Maini
Starting my small business
2 January 2025 | 14 replies
@Vidit Maini Starting your business as an LLC taxed as a C corporation offers flexibility but involves double taxation unless you elect S corp status, allowing profits to pass through to your personal return.For tax savings, deduct startup costs, track business mileage or vehicle expenses, and consider a home office deduction.
Brenden Stadelman
Is The Investers edge legit?
16 January 2025 | 16 replies
I have been looking into what kind of lending options I would be eligible for on properties for BRRRR or flips.
Aj Green
Lowest Rate Ohio Mortgage Currently (Investment)
21 January 2025 | 11 replies
Most dscr lenders will not do loans under $100k but if the property is not in the usda eligibility zone, the same lender I quoted above will do loans under $100k.
Roger Flot
Updated Insurance for renovated property
21 January 2025 | 10 replies
Electrical next but mostly for eligibility purposes.
Amit Chugh
Section 8 Property
5 January 2025 | 5 replies
Also, be sure to check with the section 8 agency managing the tenants - sometimes if you pass on an additional cost like that they will no longer be eligible to live there if the rent and utilities exceed what they were approved for.
Esther Iroko
Tenants not paying rent
25 January 2025 | 18 replies
If they have not paid, then in Los Angeles, you're eligible to file for eviction 30 days after putting the notice on their door.
Reyna Ayala
Landscaping in owner occupied
1 January 2025 | 2 replies
Wanted to know if landscaping is a tax deductable expense in general and if it differs when one unit is owner occupied.
Jacob Hrip
Best financing options for a first time investor?
9 January 2025 | 9 replies
A HELOC on your duplex or home offers flexible, low-interest financing ideal for BRRRR, with potential tax-deductible interest if used for property expenses.
Nic Williams
Can you make money in Alaska with a 4plex?
3 January 2025 | 2 replies
The Big plus is the tax deductions they will be able to take as well!!!
Carlos Olarte
Is it worth building Adu's in Orange County / Long beach ?
23 January 2025 | 12 replies
Also why are you deducting 50% for expenses?