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Results (10,000+)
Julio Gonzalez A Perk of Investing in RV Parks
27 June 2024 | 2 replies
Here are some examples of RV Park assets that can be reclassified:Computers and office equipmentOutdoor lightingPaving and roadsLaundry equipmentMaintenance equipmentSwimming poolsFences and gatesLandscaping elementsUtility systemsIn a recent case study of an RV Park in Fort Wayne, Indiana, a cost segregation study allowed the owner to accelerate over 97% of the basis resulting in over $36M in accelerated depreciation.
Nallely Trejo REI Friendly CPA Recommendation in Austin, TX?
26 June 2024 | 5 replies
But I don't have a physical office location, I work remotely with clients all over the US. 
Sumit Kaul loan agains equity/etf vs 401K vs other options
27 June 2024 | 2 replies
Here are some options and considerations:Loan Against Equity/ETFs:Margin Loans:Description: Margin loans allow you to borrow money using your investments (such as stocks or ETFs) as collateral.Pros:You retain ownership of your investments.Generally quick access to funds.Interest rates can be relatively low compared to other types of loans.Cons:Your investments are used as collateral, so if their value declines significantly, you may face a margin call (requiring additional funds or securities).Interest rates can vary and may be higher than traditional loans depending on the lender and your creditworthiness.Securities-Based Line of Credit (SBLOC):Description: Similar to margin loans, SBLOCs use your securities (stocks, ETFs) as collateral, but they typically provide more flexibility and may not trigger margin calls as easily.Pros:Allows for ongoing access to funds as long as your collateral remains sufficient.Interest rates may be competitive.Cons:Similar risks of potential margin calls if the value of your securities drops significantly.Terms and interest rates can vary widely among lenders.Comparison with 401(k) Loans:401(k) Loans:Description: Borrowing from your 401(k) allows you to access funds without selling investments, using your retirement savings as collateral.Pros:Typically low interest rates.No credit check required.Interest paid on the loan goes back into your 401(k) account.Cons:Usually capped at a percentage of your vested balance (commonly up to 50% or $50,000).If you leave your job, the loan may need to be repaid immediately or could be considered a taxable distribution.Potential opportunity cost of missing out on market gains if funds are withdrawn from investments.Other Alternatives:Home Equity Line of Credit (HELOC):Description: If you own a home with equity, a HELOC allows you to borrow against that equity at typically lower interest rates than unsecured loans.Pros:Lower interest rates compared to other types of loans.Interest may be tax-deductible if used for home improvements (consult a tax advisor).Cons:Your home serves as collateral, so failure to repay could result in foreclosure.Personal Loans:Description: Unsecured personal loans can be used for various purposes, including investing, but typically have higher interest rates than loans secured by collateral.Pros:No collateral required.Funds can be used for any purpose.Cons:Higher interest rates and stricter eligibility criteria based on creditworthiness.I am a loan officer and we do some of the loans stated above.
John Campbell LLC vs Umbrella Insurance vs Other Options
28 June 2024 | 10 replies
I am a loan officer, if you need more detailed advice or have specific questions, feel free to ask!
Erich Henson Creating a private property management company with partner(s)
27 June 2024 | 4 replies
I have 50+ rental houses and a handful of office buildings and MF so I'm almost where I could pull it off by myself but I still think we could have more "pull" with a larger combined portfolio and shared resources.. 
Ray Phillip [Calc Review] Help me analyze this deal
26 June 2024 | 2 replies
I am a loan officer and I have some great software and calculators for this stuff, so let’s set up a call sometime and we can discuss your options.
Drew Sygit Tenant Prospects Being Scammed Before they Apply!
26 June 2024 | 5 replies
Two months ago a guy showed up at my office with a truck full of family and a large trailer full of belongings.
Nathan Currier-Groh Mixed Use - Need Help - Can I rent apartments as NON-Residential?
26 June 2024 | 9 replies
Because of this I have rented two of the apartments to people using them as office/meeting space.
Katherine Van brocklin Looking to purchase SF rental property and property management portfolios
26 June 2024 | 3 replies
As a mortgage officer, I can assist you in understanding loan products that suit your investment goals, such as conventional loans, FHA loans, or portfolio loans.Property Management for Self-Owned Properties: Leverage your management skills to maintain high occupancy rates and maximize ROI on your investments.I am a loan officer licensed in NC, feel free to reach out if you have any questions or need assistance with financing options.
Amy Lemaistre Contractor failing to complete work and making costly mistakes
26 June 2024 | 3 replies
I am a loan officer, so my advice is just advice.