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27 August 2024 | 7 replies
But how do I access the funds or profit of LLC for personals use without "commingle business and personal funds" and what the tax consequence is?
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28 August 2024 | 17 replies
Which he's claiming that I'm not able to have access (I think he has removed me from some of our LLCs without my knowledge)(Blind trust is a no go) fighting the banks as I'm fighting for access.
26 August 2024 | 17 replies
Reason: Want to access equity for new business but credit not good so selling and finding a rental not a good option.
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26 August 2024 | 25 replies
Would you give up direct access beach views for the Destin West amenities.
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28 August 2024 | 7 replies
Your focal points are accessible/mouthable surfaces such as window sills, handrails and frictions surfaces such as doors, windows or stairs.
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28 August 2024 | 21 replies
Easy to gain access if your company's firewalls are set to DefCON 5.
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26 August 2024 | 2 replies
It is a RE course in which you eventually pay 25k for gold membership and ultimate access.
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28 August 2024 | 18 replies
@Vinny IncognoliUsing a HELOC on your primary home for a down payment on a short-term rental gives you quick access to funds and potentially tax-deductible interest.However, most HELOCs have variable interest rates, meaning your payments could increase over time.
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26 August 2024 | 2 replies
These are pros and cons:Pros:- Access to Better Markets:Investing out of state allows you to choose markets with stronger economies, population growth, and higher rental yields.- Diversification:Spreading your investments across different states reduces risk and helps protect your portfolio from local economic downturns.- Affordability:Some out-of-state markets may offer lower property prices, allowing you to get more for your investment.- Higher Cash Flow Potential:Certain markets might provide better rental income, leading to increased cash flow.Cons:- Limited Local Knowledge:Understanding the nuances of a new market is challenging without on-the-ground experience.- Property Management:Managing properties remotely often requires hiring a property manager, adding to your costs.- Increased Travel and Communication:Regular visits and long-distance coordination can increase both time and expense.- Legal and Tax Complications:Navigating different state laws and tax regulations can be complex and confusing.Out-of-state investing can be a great way to grow your real estate portfolio, but weighing the benefits against the potential challenges is essential.
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30 August 2024 | 29 replies
Ultimately a 1031 would have been the smartest move to buy another property and simply do a cash out refinance in 6 months to have access to some of the funds.