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2 January 2025 | 10 replies
LLC offers no tax savings.This post does not create a CPA-Client relationship.
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19 January 2025 | 269 replies
When I ran the numbers I always considerer a macro change with Euribor increasing to 5%.
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22 January 2025 | 12 replies
From my understanding, as long as you intend on doing a STR when you close, there are no rules against changing your strategy after closing, especially if you find that something else is more profitable.So in our case, the lender determined an STR would bring in ~$3500/month (with all of their conservative factors), but now that we operate it as a huge 3300 sqft Co-Living property, it actually brings in $7000/month.
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13 January 2025 | 5 replies
If you provide any kind of substantial services like catering, car service, etc you will change you tax situation and no longer can file under Schedule E.
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17 January 2025 | 6 replies
Everything was going well until i got a vacancy, stessa will create a listing but its struggle is syndication.
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16 January 2025 | 9 replies
With the limited access in Yardi, you won't be able to adjust account trees and create multiple customized financial statements.
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15 January 2025 | 15 replies
The closing agent would help create escrow for taxes and insurance so the P and I would go to the IRA.
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15 January 2025 | 3 replies
We let the inherited tenants know of the change of ownership and gave them a formal notice to vacate.
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11 January 2025 | 7 replies
If you create or fund an IUL instead of paying cash you can then get a loan on the IUL.
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4 January 2025 | 18 replies
It frees you up to focus on living your life and acquiring more property.