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9 January 2025 | 10 replies
Do you have a 501c3 that you operate under (and rent the house from yourself), or do you purchase homes with an LLC or personal name, and run as a regular business?
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27 January 2025 | 35 replies
I personally see several issues with investing in Dubai real estate right now.
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15 January 2025 | 5 replies
If the RV is not permanently affixed and retains mobility, it is considered personal property and depreciated over 5 years under the Modified Accelerated Cost Recovery System (MACRS).
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2 January 2025 | 8 replies
As a person who has lived most of my life in metro Detroit, all I will say is be very, very careful.
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11 January 2025 | 13 replies
I am here to learn more about my own personal investments as well as seeking out learning opportunities from like-minded individuals.
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22 January 2025 | 9 replies
The 5-10 it gets heavier and a lot busier, and 10-15-20 it really is untenable to self-manage especially if this is not you main business like a person buying their own rentals and building it like a small business.
22 January 2025 | 14 replies
- Of course, most of these PMCs weren't even properly licensed and were typically one-person companies.If you have an LLC, the PMC will only need the LLCs EIN.- If you chose to set up your LLC as a pass-thru entity, then you will need to supply your SSN.FYI - to avoid getting nasty letters from the IRS about errors (which might cause us to be audited), we will ask for a copy of your EIN assignment letter or a copy of your SSN card to confirm those numbers.
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13 January 2025 | 7 replies
Hi Ven, I personally consider properties that at least cash flow with full occupancy.
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16 December 2024 | 0 replies
We purchased an RV last year under our personal names that is primarily used for business travel.
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9 January 2025 | 11 replies
Here is my favorite (among several others, just as hysterical) part of this case:"...Petitioner’s testimony that neither he nor his son used his personal bedroom,living room, or kitchen for personal reasons strains credibility.