
3 January 2025 | 2 replies
Some hotels actually have a condo like structure, where people can own the units, but perhaps are limited on their personal use to only a certain amount of the year - the rest of the year it is in the rental pool managed by the hotel.If numerous room owners stopped paying their bills, you could get tax liens on numerous separately owned units.Hotels are a tough business, an issue I also see come up with them often is that they require refreshes, expensive and relatively often - at least once every 10 years, if not more often.

3 January 2025 | 4 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

2 January 2025 | 13 replies
Usually it takes them weeks to respond and they come up with some crazy stuff like by business is paying for the trip and need to pay with a certified check outside the platform.

9 January 2025 | 9 replies
But sure as heck not impossible, it just takes a commitment to learning a very complex detailed facet of business and regulations.

3 January 2025 | 26 replies
Open a business credit card and do your renovations on that (for things that you cannot get financed with a hard money loan).

7 January 2025 | 12 replies
Just wanted to avoid mixing family and business

24 December 2024 | 1 reply
Has anyone in the Philadelphia area rented to accessible CLG? Can you tell me your experience with them. There interested in some of my units. Thanks in advance.

1 January 2025 | 5 replies
Quote from @Travis Smith: Age 56 and retiring from farming and I’ve been very good at avoiding income taxes with depreciation and business expenses.

8 January 2025 | 8 replies
This is a business purpose loan and will have a prepayment penalty and possibly cost a bit more than conventional financing.

1 January 2025 | 22 replies
You would think they want more business but not really.