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21 June 2024 | 10 replies
The barrier is the additional complexity - now you are operating two sets of books, and filing two tax returns, and have more operating agreements, more state registrations, etc, need to manage cash better, need to keep in constant mind that your rents need to be a supportable FMV, which may require getting third party certification on your rents so that in the event of an IRS audit, what you have done is supported.In short...the size of the project, and the taxable income, need to be of enough scope to make all the additional costs and annoyances worth it.
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21 June 2024 | 13 replies
Of course these events can happen in A++ buildings and cities, but to me it seems more prevalent in cities like Springfield.- Very low appreciation unless there is a large market shift -- major new employer, city takes many housing units offline via eminent domain, a college greatly expands without additional housing, etc.The list goes on.
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19 June 2024 | 3 replies
In this event, you could sell as your husband and buy as both of you or as the trust.
19 June 2024 | 3 replies
Property currently has a residential building that we run our business out of, is a STR for the events, and sell parking also for the events.
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20 June 2024 | 12 replies
Of course, this assumes you have a well-written lease.5) Yes, this is an unfortunate event and we all feel sorry for the tenant.
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19 June 2024 | 7 replies
One on One coaching, and have been working more on other businesses that I'm more passion at about.There is always going to be positive and negative out there, I've been very happy with my coaches and the coaching and events.
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19 June 2024 | 5 replies
I recommend that you expand your network and explore social media events for starters.
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18 June 2024 | 4 replies
I'm a new Realtor in the Lancaster County, Pennsylvania, area, and I wanted to know if anybody can share any upcoming events or meetups with me.
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19 June 2024 | 5 replies
I will add it to the BP events today but wanted to extend the invite.I agree with those that have already posted; surround yourself with a room full of people that are smarter than you in the subject you are aiming to become proficient in.
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19 June 2024 | 11 replies
Miami just had the biggest rain event in history without wind damages.