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13 September 2024 | 1 reply
Is this for a specific type of business, and do you have any partners involved?
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14 September 2024 | 9 replies
@Jamie Banks Curious about your 15% number....is that from day 1 assuming a loan is involved?
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13 September 2024 | 4 replies
You don't wanna get involved in the Sub2 game.
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12 September 2024 | 7 replies
@Marcus GriffinTypically as part of a modification the bank will have a “shock package” which includes information and forms to be completed by the borrowerOn those forms there are questions like will they or do they occupy the property, there income, do they plan on keeping th home.This is equivalent to lying on a bank application which is most likely considered fraud Not providing legal advice but this is definitely a very slippery slope you are getting involved in.
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17 September 2024 | 68 replies
I'm so much happier now, earning more income and tax benefits, don't need to be involved in the properties, and have reduced my liability with an added layer that puts more distance between me and the tenants.
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15 September 2024 | 2 replies
Often it involves the auditor comparing your flagged tax return with the one before and the one after, three years side-by-side.
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13 September 2024 | 7 replies
,Transitioning multiple units from one property management company to another can seem overwhelming, but with the right process in place, it can be smooth for all parties involved—owners, tenants, and both PMCs.
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13 September 2024 | 23 replies
Have participated (currently still involved in them) in two real estate syndications.
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13 September 2024 | 6 replies
So I am weighing my options on whether to keep going with eviction by involving an attorney or there could be alternative work around.
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14 September 2024 | 10 replies
@Ben EinspahrHouse hacking in Denver metro areas involves lenders reporting rental income on Schedule E, accepting 75% of STR/MTR income from lease agreements or appraiser's estimates, and requiring additional proof via tax returns.