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15 October 2024 | 12 replies
One of the benefits here is that you can save a bit on closing costs but the PPP (pre-payment penalty) structure may be more aggressive, ultimately inhibiting your ability to sell off if needed - since the loan would need to sustain a minimum debt service.
14 October 2024 | 1 reply
It will familiarize you with the basic terminology and benefits.
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13 October 2024 | 5 replies
., kitchen renovations), it's generally allowed as long as it doesn’t directly benefit you personally.If you need tailored tax advice, we’re here to help.
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10 October 2024 | 5 replies
You can't sell properties you own (or through your LLC) to your IRA, even indirectly through a friend, without penalties.
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15 October 2024 | 14 replies
I believe if I can’t qualify it’s still a benefit for me to be able to save more money and better prepare myself!
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15 October 2024 | 21 replies
I think now would be a good time for me to invest because I don't have any debt at the moment, a decent amount of money saved up, good credit score, and I have access to VA loan benefits where I could get a very low down payment.
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17 October 2024 | 10 replies
By doing so it will encourage them and that will benefit you and them.
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15 October 2024 | 14 replies
There are many DSCR lenders that do not report to your personal credit report, however there is no benefit in this since you are still a PG on the mortgage.
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14 October 2024 | 12 replies
Qualifying as a real estate professional can offer significant tax benefits by offsetting other taxable income with real estate losses.
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17 October 2024 | 20 replies
This works well for wholesalers who sell deals to flippers, and flippers or investors can benefit even more by going the extra mile to generate their own off-market leads.