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27 November 2024 | 4 replies
These include the actual cash flow (NOI), Your net cash coming in after expenses and allowancesDepreciation - the tax benefit that lowers your taxes.
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26 November 2024 | 3 replies
This log should include:•The date of activity•The property worked on•Specific activities performedExamples of activities that typically count include approving tenants, setting lease terms, handling repairs, and other hands-on operational tasks directly related to managing the property.
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28 November 2024 | 1 reply
I know this is unpopular opinion as we all take advantage of it (including myself), but should real estate really be allowed to be depreciated?
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26 November 2024 | 4 replies
Many kinds of civil cases cannot include lawyer's fees and in your state that apparently includes this type.
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29 November 2024 | 2 replies
Are there any other min requirements that I should include?
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3 December 2024 | 3 replies
Also make sure you understand everything about adding an ADU including value of the ADYPU, financing, impact from rent control, duration between initial expense and initial income, true cash flow (know the 50% rule, at 50% rent ratio initial property tax will be near 20% of income)- educate.
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19 December 2024 | 82 replies
That said, I have a nice stream of passive income (including math freelance jobs to keep me busy), and a lot of time on my hands, as well as experience with materials and vendors doing home renovations.
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29 November 2024 | 6 replies
When a husband and wife jointly own a residence, and the husband takes out a Home Equity Line of Credit (HELOC) in his name only, the spouse's involvement and liability can vary based on several factors, including state laws and the lender's requirements.1.
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27 November 2024 | 3 replies
Look for one that includes a training video to ensure you understand how to best use it.
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26 November 2024 | 13 replies
If you’re a business owner with no employees or only part-time employees working less than 1,000 hours per year, you could set up a solo 401(k) and contribute up to $69,000, which includes both employee and employer contributions.