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27 December 2024 | 2 replies
After collecting tenant pass-throughs for the year, do you pay the property taxes at the end of the year or the beginning of the next year?
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12 January 2025 | 7 replies
If you control how they perform tasks, set their hours, or provide tools, they should likely be a W-2 employee, requiring you to withhold taxes and comply with payroll regulations.
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12 January 2025 | 8 replies
There's a big swing here in insurance and tax calculations I see and getting those numbers accurate are critical for your ability to not miss on good deals
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23 January 2025 | 56 replies
They all said the original contractor’s work had been fine—even the tiling was far better than what the 2ndcontractor did as a redo.I heard later that Joey, the 2nd contractor was spreading it around town the reason he hadn’t finished my job was because I was slowing things down by changing everything and, also, that I owed him a lot of money.
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17 January 2025 | 35 replies
PropStream was good with property, title, and tax data.
12 January 2025 | 10 replies
Hard money loans offer fast approval and don't risk personal assets but come with high-interest rates and fees, which can be tax-deductible as carrying costs.
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19 January 2025 | 9 replies
When that portion was complete, I could then receive draw money which allowed me to pay my utilities, taxes, and mortgages.
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20 January 2025 | 62 replies
If you would like to show your tax returns or w2s then I can put you in a conventional loan because we are a conventional lender also.
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12 January 2025 | 10 replies
Sometimes they forget to tell you that many tenants in Detroit don't pay (depending on the property manager skill and the type of tenant) - but taxes are very high in the city and so is insurance.
8 January 2025 | 3 replies
., mobile homes often lose value over time unless they are situated on owned land) and tenant turnover.However, tax advantages include depreciation deductions, which allow you to offset rental income by writing off the property's value over time, and cost segregation, which accelerates certain deductions.