14 January 2025 | 7 replies
It may or may not show on a credit report, depends on the servicing and you should have the loan serviced.Failure to include the debt on a future loan application is mortgage fraud, wanna go to jail?
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21 January 2025 | 18 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.
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14 January 2025 | 2 replies
The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the 2025 bonus depreciation rate at 40%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.
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14 January 2025 | 18 replies
No heart shaped tubs are arcade games in this one.
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16 January 2025 | 23 replies
I was trying to get started, had all the information but needed to pull the trigger to get in the game.
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13 January 2025 | 8 replies
I have flipped 30 houses, including having 10 projects going simultaneously, one of which sold for $1.8 million.
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10 January 2025 | 7 replies
I enjoy college football, video games, and lifting weights.
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16 January 2025 | 18 replies
@Melody RaultA lot of specialized tax firms, including mine, serve clients nationwide, using technology.
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13 January 2025 | 15 replies
He said that typically in flip deals its around 30-40% down but if construction was included it would be about 30%.