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2 May 2024 | 9 replies
@Roseann Koefoed,As long as you have legitimate self-employment or an active business, you will be able to establish a self-directed Solo 401k plan.
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30 April 2024 | 5 replies
Families thrive there and save money on housing while becoming owners with equity.
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1 May 2024 | 13 replies
To begin, it is important to educate yourself on various strategies, establish a strong network, set clear goals, conduct thorough market research, start with small investments, and create a financial plan.
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30 April 2024 | 9 replies
Hey @Amir J Reichental, There are small pros and cons to this: Home Address:Pros:Privacy: Providing your home address keeps your personal information private, as it's not tied directly to your business.Convenience: If you're already receiving mail and other communications at your home address, it may be more convenient to keep everything in one place.Cons:Risk: Using your home address exposes it to potential risks associated with the property owned by the LLC, such as lawsuits or creditors targeting your personal assets.Tax Implications: Depending on your jurisdiction, using your home address could have tax implications, especially if you're claiming any tax benefits or deductions related to the property.LLC Address:Pros:Asset Protection: Using your LLC address helps separate your personal assets from your business assets, providing an extra layer of liability protection.Business Image: Using the LLC address for business-related documents can help establish credibility and professionalism for your company.Cons:Public Record: LLC addresses are often part of public records, which means they may be more accessible to anyone who wants to find information about your business.Mail Handling: If you don't have a physical presence at the LLC address, you'll need to ensure mail forwarding or a reliable method of receiving important documents.Ultimately, the decision depends on your specific circumstances and priorities.
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2 May 2024 | 29 replies
It is a growing area and theres more expansion going towards the island and Brownsville since the establishment of space x.
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30 April 2024 | 1 reply
They have a great established cash flow, thanks to the city’s rental needs and can go after flipping the houses with the best profit margin.
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30 April 2024 | 3 replies
As mentioned being my first property, we’d use it as our primary for the 1st year to get going, and also while establishing in the area.
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29 April 2024 | 5 replies
Establishing an LLC for your real estate holdings can offer several benefits, especially when multiple individuals are involved in property ownership.
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2 May 2024 | 45 replies
As this will be my first loan, I'm looking to work with an established hard money company who can do the underwriting, servicing, etc.
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29 April 2024 | 5 replies
I hope everyone's investments are thriving as we navigate the ever-changing currents of the real estate market.