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Results (10,000+)
Angelo Llamas Tax breaks for a rental breaking even
19 December 2024 | 12 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, business taxation, financial planning 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.
Samuel De Leon Help on a Bridge loan
19 December 2024 | 4 replies
Some call a line of credit a bridge but its not its a open end mortgage and the lien is in second position.If you have any questions or want more info on the above types of scenarios feel free to reach out or send me an email.What you want in this current market is a cash out refinance unless you are trying to sell a primary or vacation home.
Nathan Frost Update - Detroit Deal
18 December 2024 | 45 replies
Be nice to get them come down in price or give me seller credits
Sam Dal Passive capital gains
16 December 2024 | 6 replies
There are some special rules with passive activity.
Rafael Ro What are some realistic tenancy terms and maintenance costs (turnkey)?
19 December 2024 | 5 replies
Take a look at this chart: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% This is how likely a borrower is likely to default on credit extended to them.
Spencer Dixon Property manager recommendation
20 December 2024 | 4 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
Carl Rowles Is it worth it? Mobile Homes?
16 December 2024 | 17 replies
One of my best friends paid cash for a "handyman's special" trailer in 2021 for $9k.
Rae Chris Advise on first flip, loans, contractors
18 December 2024 | 7 replies
Using your first property as collateral could help reduce the cash you need upfront, but it’s essential to weigh the risks and it's not really recommended specially if this will be your first.I recommend focusing on building reserves or seeking partnerships to fund flips.
Maynhia Stott state that offer OTC tax liens and deed
18 December 2024 | 20 replies
I started the tax lien foreclosure and the owner redeemed with about 2 weeks to go.You have to look at each county individually to see;Do they sell OTC liens/certificatesIf they do sell OTC, do they sell OTC all year long or only in a special OTC auctionIn Florida, counties that offer OTC certificates, you can earn the full annual 18% (1.5% per month).
Jeff Hines How would you start investing if you had $150k???
17 December 2024 | 86 replies
I also have a credit score of 756.