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19 August 2024 | 4 replies
Of course I realize this will be a crazy, crazy statement for many on here - and that further proves my point...One of my favorite statements buy one of the best entrepreneurs in the world today, Richard Branson, goes like this:"If someone offers you an amazing opportunity and you're not sure you can do it, say yes - then learn how to do it later".
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20 August 2024 | 8 replies
Continue acquiring properties in promising markets to build your portfolio while keeping an eye on interest rates to potentially refinance your high-interest loan for better cash flow.Save capital to maintain liquidity, allowing you to act quickly when market conditions improve or unexpected expenses arise.
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20 August 2024 | 10 replies
My favorite Charlie Munger paraphrased: "Show me the incentive and I'll show you the behavior".
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18 August 2024 | 3 replies
Work that my accountant did to clean up my Schedule E.
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20 August 2024 | 10 replies
You e definitely put my mind to ease.
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20 August 2024 | 11 replies
My e-commerce shops have all tanked.
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19 August 2024 | 6 replies
Typically, they'd be looking at your FICO score, experience, and liquidity to qualify you/the property.
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18 August 2024 | 3 replies
Quote from @German E.: @AJ Wong thank you for a nice overview of the DSCR option, I didn't realize rates were so low for this option.
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17 August 2024 | 0 replies
This was one of my favorite before and after project pics where we opened up the ceiling to add a good looking stairwell to the upper square footage.
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17 August 2024 | 2 replies
Since you're in Atlanta, you’ll need to file both federal and Georgia state corporate taxes.Deadlines:Federal: Typically due by April 15 (if your fiscal year ends in December).Georgia State: Usually aligns with the federal deadline.Penalties:Federal: Late filing can result in a 5% penalty per month on unpaid taxes, up to 25%.State: Georgia also charges penalties and interest for late filings and payments.Filing Options:Federal: You can file using the IRS e-file system or tax software like TurboTax Business.Georgia State: You can file online at the Georgia Department of Revenue’s website.If you’re pressed for time, file for an extension to avoid penalties!