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25 November 2024 | 36 replies
yes and @jamie @Jamie Banks is there a way to get funds out quickly such as via a casheir's check in some way from baselane if your capital is in their accts or do you still need to keep money in a local acct you can go to and get for purchasing a property or larger costs?
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18 November 2024 | 10 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.
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19 November 2024 | 7 replies
You should record the full rent of $2000 and show and expense/capitalize the $1000 payments on the roof.
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18 November 2024 | 1 reply
Can someone tell me what should be listed as Capital Contributions and Initial Contributions for an Operating Agreement?
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19 November 2024 | 20 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.
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19 November 2024 | 11 replies
Ask the asset sponsor if they have debt in their capital stack.
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19 November 2024 | 5 replies
Dedicate sufficient working capital to your business 6.
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22 November 2024 | 20 replies
Since this would be my first property, I'm assigned 10% for each repairs & maintenance, vacancy and capital expenditures (just in case).
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19 November 2024 | 6 replies
It allows you to have a more diversified capital stack.
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19 November 2024 | 7 replies
I don't know much more specifically so ask your CPA about gift taxes (I think she could give you $17k of gift money a year without taxes) or capital gains taxes if/when you want to sell.