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19 November 2024 | 111 replies
Usually I have also checked for disqualifying content on social media accounts.
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7 November 2024 | 22 replies
That's why it's recommended to consult your accountant and attorney first.
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12 November 2024 | 10 replies
No ACH Transfers – Just to clarify, we don’t use ACH transfers, which would require us to have your bank details (routing & account numbers).
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7 November 2024 | 7 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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9 November 2024 | 10 replies
Happy to connect as I am an accountant right down the road!
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8 November 2024 | 5 replies
In 2020 I bought my first house 3 bedroom 1 bathroom and a 2 car detached garage for $175,000 and put a 10k downpayment on it and interest rate was 3.5%, in 2023 I decided to rent it out for $1350 mortage was $1106.62, in 2024 we raised the rent to $1450 and our mortage currently is $1144.76- I never put into account repair expenses, Capex, vacency until I read on rental investment properies book.
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9 November 2024 | 9 replies
@Brittane Jenkins A few other somewhat creative ways: 401k loan (if you're comfortable with that), margin account on your stock investments, seller financing for the downpayment (usually has to be done with a business or commercial loan for the remaining part of the loan).
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9 November 2024 | 17 replies
Holds you accountable to accomplish task and the group is a wealth of knowledge.
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7 November 2024 | 12 replies
However, I’ve noticed additional charges that weren’t initially explained, and the rental payments are deposited into my account in multiple transactions each month.
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8 November 2024 | 3 replies
So, we obtaina full credit report and review collections, chargeoffs, age of credit accounts, active accounts, etc.to build an overall credit evaluation.FICO ScorePct of PopulationDefault Probability800 or more13.00%1.00%750-79927.00%1.00%700-74918.00%4.40%650-69915.00%8.90%600-64912.00%15.80%550-5998.00%22.50%500-5495.00%28.40%Less than 4992.00%41.00%Source: Fair Isaac CompanyPublic RecordsWe also obtain data from national databases about evictions, convictions and sex-offender histories.