
17 December 2024 | 14 replies
If you want to scale using the BRRRR method I could send you a list of properties in terrible Philadelphia neighborhoods where you could easily complete the BRRRR and yes, you could theoretically "scale".
15 December 2024 | 5 replies
Quote from @Caliana Johnstone: Realized leasing to a new tenant can take 5-10 hours easily.

19 December 2024 | 25 replies
Complexity of return (many things such as # of states, # of properties, 1031 exchanges, etc)2.

23 December 2024 | 24 replies
I’m all for value-add and if you need to pull cash out to get another deal that makes a higher return then how much you pay for it, sure, but I think you would be better off selling it and starting over.

21 December 2024 | 14 replies
What do you file for this "income overseas," do you file SChedule C self employed on your personal 1040 tax returns ?

24 December 2024 | 9 replies
However, it increases costs and administrative work, like filing fees and bookkeeping.Tax-wise, LLCs are pass-through entities or disregarded entities, so profits and losses flow to your personal return, but managing multiple LLCs complicates filings.

24 December 2024 | 9 replies
Without this, it’s tough to calculate a realistic cash-on-cash return or DSCR (Debt Service Coverage Ratio).Condition of the Property: Are there any deferred maintenance or capital expenditures needed in the short term?

18 December 2024 | 8 replies
Education via trail & error is easily the #1 worst way to go about anything today UNLESS your an explorer, inventor, revolutionizing and still all of those have a whole lot of training and education backing them.

23 December 2024 | 12 replies
There are no tax deductions for such gifts, however you have a $15k per recipient annual gift limit that avoids the chore of filing a gift tax return.

19 December 2024 | 82 replies
But there won't be any return for 10+ years.