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5 July 2019 | 32 replies
The one I elected was: 85% of purchase and 100% of rehab 15% down ($18,450)Total loan must be 75% or less than the after repair value (ARV) Appraised ARV: $255,000Here is why my property worked for this program: Appraised ARV value: $255,00075% of $255,000 = $191,250Total Loan: $159,850 / $255,000 = 62.69%62.69% is less than 75% or $159,850 is less than $191,250LessonsThose were the numbers, which is only part of the experience.
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19 April 2019 | 3 replies
With the current political climate and election campaigning next year, I expect to have a lull in the market over the next year so I'm expecting more opportunities after this Spring/Summer season is over.
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23 April 2019 | 4 replies
“Austin is growing rapidly, and as we look ahead to accommodate existing and future Austinites, there needs to be a plan in place for a more affordable and sustainable city,” said Dewitt Peart, president and CEO of the Downtown Austin Alliance.
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29 April 2019 | 7 replies
It was written by the president of the company that puts out this website for someone in your situation.
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22 April 2019 | 4 replies
@Connor HeimMost small dollar units of property that you mention can be expensed under the 'de minimis safe harbor' by making an election on your return.A competent CPA will ask for a ledger or detail of the supplies account and fixed assets accounts to make sure everything is where it needs to be for tax efficiency.
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25 April 2019 | 85 replies
Act as if you are the President of this firm."
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23 April 2019 | 3 replies
LOL,No worries, the power of email directly to the Clerk of Courts "Elected Official" got me an apology, answers and Affidavits recorded for $0.00.
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23 April 2019 | 4 replies
Select real property and farming businesses can elect out of the business interest limitation.Investment interest is deductible on Schedule A but is limited to investment income.
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25 April 2019 | 4 replies
Eric George (KREIA President) is steamrolling the revolt!
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28 April 2019 | 16 replies
Call the lender, demand to speak to a Vice President or Executive, and say you are filing a CFPB complaint if this is not resolved in a timely manner.