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21 April 2024 | 240 replies
He was after a certain type of investor who was prepared to go on a journey with him and his team, an investor who wanted to build a long-term relationship of trust and commitment.
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19 April 2024 | 12 replies
I've been considering preparing for and getting the MLO license for couple of states.
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19 April 2024 | 5 replies
If you are just getting started in multifamily real estate investing (perhaps making the jump from SFR – single family rentals – or flipping) – make sure you are well prepared if you jump "up the ladder" too quickly – the world of 2-10 unit multifamily investing can offer a great "bridge" between SFR and Multifamily for any budding real estate investor.Video Version - (BP - please delete if this is not allowed)
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18 April 2024 | 15 replies
That said, we have seen the following work:An attorney prepares a land trust (intervivos revocable trust) for the subject property and after the deed into trust is recorded, the trustee (the seller) will quit their trustee position, and the beneficiaries (usually the seller) name a new trustee (the buyer) and transfer their beneficial interest to the buyer.By using the trust, one legally avoids the due-on-sale clause.
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18 April 2024 | 5 replies
You do, however, have to pay a lot to prepare tax returns once you have a corporate structure, which can lower returns a lot.
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18 April 2024 | 3 replies
When you begin reporting rental income on your tax return, you can consult with a tax professional or use tax preparation software to ensure you're correctly claiming all eligible deductions and depreciating the expenses appropriately.
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18 April 2024 | 1 reply
I am driven and prepared for the grind.
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20 April 2024 | 100 replies
And it takes very little effort to gather since you have to do it anyway to prepare taxes.
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18 April 2024 | 10 replies
You may want to consider working with your tax strategist remotely to expand your options.I would also recommend looking for a tax strategist willing to work with you throughout the year, not just when preparing your tax return.
18 April 2024 | 2 replies
Instead he would like to end the lease and has decided he wants to sell the property instead.He has proposed refunding all amounts that I have given him plus an amount for the time and sunk costs that I have already incurred into preparing to move in.