Christopher Lynch
What Is The Best Way to Start Flipping Houses and Raise Capital?
16 January 2025 | 10 replies
Technically it would be best to get a C Corporate or S Corp. to flip properties and since you are considered a dealer if you do several properties a year and this could have negative tax consequences in an LLC.
Godsheritage Adeoye
How to takeover Subject to loan
3 January 2025 | 7 replies
That's a technical banking and legal term.
Kareem Hammad
New Agent Looking To Build Connections
10 January 2025 | 3 replies
If you don't mind, could you go into a little more detail?
Joshua Patterson
Property Manager and Investor
20 January 2025 | 6 replies
In the meantime, would something like this interest you: https://www.realtor.com/realestateandhomes-detail/1-McDevitt...?
Abe Linc
Rental mortgage in retirement
18 January 2025 | 3 replies
But I don't know your personal situation and all the financial details.
Jake Bute
How to track time in business to accommodate 500+ hours?
9 January 2025 | 7 replies
I will not comment as to the tax laws and underlying rules - that is a discussion you can have with your tax advisor who presumably you are paying to help you.What I will do is provide practical and business guidance on tracking time.Firstly, there are apps available that can assist with time tracking where you can specifically detail your time, who you met with, etc.
Gamal Harding
Navigating the Surge in Rental Application Fraud: A Guide for Landlords and PM's
6 January 2025 | 4 replies
For instance, mismatched names, employment details, or salary figures should warrant further scrutiny.Urgency to Move In: Applicants who are unusually pushy about quick move-in dates may be attempting to bypass thorough checks.Reluctance to Provide References: Hesitation or refusal to provide contactable references from previous landlords or employers is a cause for concern.Cash Offers for Faster Move-In: Proposals to pay a significant amount up front, especially in cash, to expedite the moving process can sometimes indicate an attempt to avoid scrutiny.Unverifiable Identity: Difficulty in verifying the applicant’s identity through standard identification documents can indicate potential fraud.Tips to Mitigate Rental Application Fraud:Enhance Verification Processes: Implement stringent verification processes for employment, previous rental history, and identity.
Richard Benjamin Wilhite
How to Find "Cost" Basis for Inherited Land prior to 1031 Exchange?
19 January 2025 | 9 replies
Sit down with a 1032 Accommodator and have them explain the details of a 1031.
Caryn Fischer
Tax question with selling a house
14 January 2025 | 3 replies
Can someone explain the details of selling a house to a child?
Colton D Lawrence
Creative ways to Improve Debt-Income to Qualify for Loan Approval
14 January 2025 | 1 reply
I mean myself and any bank would need more details, but if you utilize that large sum as a downpayment and have a small mortgage, wouldn't you easily qualify for the debt to income?