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Fareen E. Seeking LLC Guidance; Long Time Realtor, First Time Investor in Michigan

10 October 2024 | 17 replies

I know I will have to report the LLC’s profits but I’m confused as to how to handle the draws with respect to the IRS.

David Zimmer Cleaning costs and pet fees

8 October 2024 | 12 replies

The rest is just extra profit.

John Patrick Lasher Need some creative lending options. $3.8 million deal on the hook

9 October 2024 | 8 replies

For instance, we have a line of credit against another profitable business that we are the sole owners of.

Matthew Bruce how to wholesale apartments.

10 October 2024 | 24 replies

I want to start wholesaling apartments because it seems to give off much more profit then residential.

April Sanders best way to estimate rehab costs?

9 October 2024 | 11 replies

That way, I can see if the rehab costs make sense and if there’s a good profit based on the sales comps.

Matt Said Implications of exiting a 1031 Exchange

7 October 2024 | 4 replies

So the basis in your new property includes the profit from the old property.If you sell your new property for a loss that net sale is offset by the basis.

William Johnny Brrrr small multi family

10 October 2024 | 16 replies

An option too could also be to take in those SFR's that are good, profitable properties when you see them and build Equity.

William Silva First Time Investment Property Buyer

7 October 2024 | 16 replies

To me that expense would negate the increased profits of STR, which is the whole point of STR.

Evan Staats Investing in the Northern Virginia Market

7 October 2024 | 2 replies

We ended up shifting that profit to a property, along with our capital from cashflow, in Rosemont that was an absolute opportunity.

Ben Burgess Getting on the path!

8 October 2024 | 13 replies

May your journey be rewarding and profitable!