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25 September 2024 | 12 replies
Remember the 90 day rule is from the time your deed for purchase was filed until the time new sales contract is signed from what I understand.
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22 September 2024 | 5 replies
@Jay HinrichsI was gonna say marketing budget for the top producers is six figures
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23 September 2024 | 1 reply
If I invest a multifamily through a Roth IRA, will I still receive the same tax benefits as I would with personal cash when I file my tax return?
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23 September 2024 | 9 replies
In Florida and in my county, I'm looking at the follow for each LLC:- Business Tax Receipts filing every year- Home Occupation License (may or may not need this for an additional LLC)- DBPR License annually- FL State annual report- Tangible Tax filing (and this one is a B***CH)- And now the new BOIR
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25 September 2024 | 17 replies
After that, think about hiring a bookkeeping firm that specializes in serving REIs.Regarding hiring a CPA/tax pro for tax advisory and/or tax filing, I'd wait until you purchase your next primary and convert your current primary into a rental.
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25 September 2024 | 11 replies
Then, usually the mobile home parks have to do something to get rid of the home or they can file for abandonment and take back the home.
24 September 2024 | 10 replies
I sometimes use Loopnet.com for quick examples of multifamily properties in different cities and the cap rate they produce, including the calculation itself.
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22 September 2024 | 0 replies
She is old-fashioned (using paper and pencil), but she is not super expensive and works to produce the plans quickly.She is:http://dragonarchconsulting.com/
28 September 2024 | 19 replies
A trust requires changing Title/Deed to the trust, but at least its on your terms/time and no probate filings.
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23 September 2024 | 7 replies
It'll be a bit riskier than buying something already renovated, but if you have the right team and numbers in place you could pick up some more equity on day 1, have less money out of pocket, and have something that produces some cash flow.