
8 September 2024 | 101 replies
We partner with a lot of organizations that help certain individuals whether it be re entry programs, addiction programs, section 8, mental health organizations etc. with that a large number of our residents receive some type of subsidy and most are not section 8.

3 September 2024 | 3 replies
My one concern is the experience.

3 September 2024 | 20 replies
(im not a lender and never pretend to be lol)Front our experience, Lenders usually look at your credit report, income, and tax returns to get a sense of your financial health.

1 September 2024 | 2 replies
They look for basic health and safety issues, and the Section 8 office has a phamphlet with their requirements.

3 September 2024 | 7 replies
But if asset protection is a key concern, it’s worth discussing further with your attorney to find a balance that works for you.This has no income tax impact.

4 September 2024 | 9 replies
This approach helps them grasp the requirements in advance and provides an opportunity to address any concerns they may have.

3 September 2024 | 15 replies
I’m less concerned about the small items, and I focus on where big costs surprises can come up (new sewer lines, breaker upgrades, galvanized piping, etc) so I can re-trade my offer appropriately.

3 September 2024 | 10 replies
Ideally I keep the relationship with the utility companies and then the tenants pay me their split.My two concerns though are that this is not legal and that tenants wouldn't be willing to do this sort of ad hoc split.

3 September 2024 | 0 replies
The best option for you depends on a number of factors including your exit strategy, any liability concerns and preferred tax treatment.Type of EntityTax TreatmentMain AdvantagesC-CorporationDouble TaxationCorporate tax rates are lowerS-CorporationPass-throughSelf-employment tax savingsLimited Liability Company (LLC)Pass-throughLiability protection and flexibilityFuture Outlook and Recent Tax Law ChangesMost recent tax changes applicable to real estate investors include:The increase in the estate tax exemption to $13.61 million per individual for 2024.

6 September 2024 | 39 replies
It's concerning that Bigger Pockets admins continue to leave all of Matt Motil's classified ads here on BP where he was fishing for victims for his Ponzi Scheme.https://www.biggerpockets.com/posts/user/mattmotil https://www.sec.gov/news/press-release/2023-196