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17 May 2024 | 7 replies
@Maxwell Emerson, the great advantage in a 1031 is that it lets you capture all of the equity for your next purchase.
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16 May 2024 | 3 replies
The goal would be to capture that interest rate and keep it for the next 25 years so that I can cash flow well, if I move again and rent it out.
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21 May 2024 | 138 replies
The subsequent item you reference is "self-employment income" for purposes of self employment tax under Sec. 1402. 401k has its own definitions and regulations, which are related to - but independent of - those referenced.
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18 May 2024 | 11 replies
(not the $470k from the past...what you expect on an annual basis going forward)The sum of those three annual items is the numerator in ROE (the "Return" portion).Divide that by your Equity which = $469 ($850 property value - $381k current debt)
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16 May 2024 | 10 replies
Use the term "Animal" to ensure it captures both pets and service animals.No animals allowed.I also recommend you use petscreening.com which is completely free to the Landlord.
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20 May 2024 | 121 replies
The reason I say this is because when this was first posted on biggerpockets.com the industry was different and capturing leads was by far easier.
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20 May 2024 | 88 replies
I'm actually considering a refi on all my notes under my personal name, this way other big ticket items such as my personal residence, stocks, etc. that are held under my name along with my wife's can't be touched in the unfortunate event something happens rental property related and someone comes after just me.
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17 May 2024 | 11 replies
Pretty much all that have been mentioned here between the two vehicles.a lot of the other items come into play based on your own specific financial situation.so for what you have provided that is all
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19 May 2024 | 90 replies
Does anyone have a checklist of items that should be considered in the renovation?
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16 May 2024 | 7 replies
So, I had a local shop make her several home decor items, and one of them was a nice mug that read, "Mike can fix that".