
19 January 2025 | 8 replies
Regardless of if there is a due on sale clause or not - if you are paying a 2% of property value tax twice - that's a large expense.

15 January 2025 | 6 replies
Purchase price: $85,000 Cash invested: $33,000 Cash flow is after all expenses including vacancy, maintenance, and capx deductions.

19 January 2025 | 42 replies
You can choose to report your income and expenses on Schedule C by electing to file as a Qualified Joint Venture instead of filing a partnership return.If you have created an LLC that is not in a community property state, and as husband-wife you are the only members, then you are a partnership and must file a partnership tax return unless you have elected to treat your LLC as a corporation for tax purposes.If you have created an LLC in a community property state, and husband-wife are the only members, then you are a partnership and must file a partnership tax return unless you have elected to treat your LLC as a disregarded entity or corporation for tax purposes.

11 January 2025 | 7 replies
Homes are averaging around 60-70 days anyways.

20 January 2025 | 3 replies
I racked up debt, at times putting expenses like property taxes on a line of credit.

18 January 2025 | 11 replies
Mortgages for LLCs with personal credit under 680 are tough and expensive, and under 640 are typically not really economically practical for the borrower.

16 January 2025 | 0 replies
., or Boston, Philadelphia offers relatively affordable rent, or section 8 tenants, especially those who are relocating from more expensive areas.

23 January 2025 | 23 replies
I think I misunderstand DTI for rental incomes.My DTI goes up with a cashflow positive rental ($2000 expense and $3,500 income).

16 January 2025 | 4 replies
Increase your earnings, reduce expenses, save up, and invest.

7 February 2025 | 49 replies
The course is not expensive.