Marc Kaplan
Tiny home community in lake county Illinois
20 October 2024 | 3 replies
Looking for someone with information about tiny home living and if it’s possible to create a “recreation vehicle” type of arrangement for tiny homes.
John Carr
First Time House hack, Do I need more help then my HR Block tax person
23 October 2024 | 19 replies
They can also help navigate any IRS regulations related to co-ownership and rental arrangements with family members.Investing in specialized tax advice can help ensure you’re fully compliant and making the most of any available tax benefits.Hope this helps!
Jesse Dominguez-Castelan
How do I proceed?
22 October 2024 | 17 replies
@Jesse Dominguez-Castelan You should also explore one of the quickest options to this situation - reach out to the seller financing provider and see if he'll extend the balloon a few more years.I did this in the past when my 5 year balloon was about up, it was a simple email checking if he was happy with the arrangement and would extend an additional 3 years.
Hemant Karira
Non-traditional ADU financing options?
16 October 2024 | 7 replies
Eventually we plan to rent the ADU for Medium or Long Term rental, and not sure if DSCR loan will qualify for such an arrangement.
Robert Burns
Fix and Flip REO Properties
18 October 2024 | 6 replies
This includes hiring an inspector to check for structural problems, arranging for a pest inspection, and getting a professional appraisal to ensure the property's value matches the bank's asking price.
Joseph Scorese
Close RE Deals in Any Economy Top Strategy - What are factor that you will leverage?
19 October 2024 | 0 replies
Focus on finding solutions: Short Sales/Foreclosures: Help distressed sellers avoid foreclosure by arranging short sales or negotiating with banks.
Account Closed
What Is the 70% Rule in House Flipping?
21 October 2024 | 4 replies
Their ability to accurately estimate the after-repair value (ARV) and confidence in their pricing allows them to exceed the 70% rule by 1% to 2%.Finally, experienced investors often have advantageous financing arrangements with banks.
Kevin Sobilo
SD Roth IRA Investing In Syndication - Transfer Depreciation?
16 October 2024 | 10 replies
Depreciation is typically allocated according to the ownership percentages outlined in the partnership or syndication agreement, which are set in advance and follow certain rules under the tax code.However, some syndication structures can be designed with different classes of partners or special allocations, but these arrangements are subject to complex tax rules, such as the "substantial economic effect" rule under Section 704(b) of the Internal Revenue Code.
Jose Quinones
Double Net Lease
16 October 2024 | 5 replies
However, with an arrangement like that, you should talk to an attorney.
Devin James
Why We Build 1 Floorplan Over and Over Again
15 October 2024 | 8 replies
We arrange these in unlimited ways - everything from ADU's, SFHs, and apartment complexes.