
3 January 2025 | 11 replies
@John Davey Interest on a home equity loan used to purchase or improve rental properties is deductible on Schedule E as a business expense, but not on Schedule A for your primary residence.

25 December 2024 | 1 reply
+I've researched something called an FHA Construction loan in terms of financing this project, but it seems that most large banks don't offer that product.

4 January 2025 | 20 replies
I went through it anyway bc she had a good footprint online, I liked the designs, and a couple of ppl at another STR group recommended her (not an excuse, I was super busy and thought I was dealing with a professional).

5 January 2025 | 5 replies
Several options you can explore to get the down payment capital: Solo401k; HELOC on personal residence or from equity of the SFR; Cash Value Life Insurance Policy; Business Credit; Private Lenders, to name a few.

6 January 2025 | 13 replies
Quote from @Byram Heights: You shouldn't be in this business!

9 January 2025 | 46 replies
That lasted a few months, but the REC recently released a new bulletin clarifying the legislation and basically saying that bill was meant to stop all forms of "wholesaling" as a business practice.

3 January 2025 | 26 replies
How about the simple obvious that the inputs to deliver the service/product have a base-line and market prices have, OBVIOUSLY, been at about as lean of operating profit margins as can be.

9 January 2025 | 116 replies
Basically its a big credit card that I can now use for any business related purpose, in my case Ill use it to do more deals.So here is where the 8 unit comes into play.

6 January 2025 | 12 replies
They cannot continue a lawsuit on your behalf if you have not authorized it.I would send them a short demand:"You have five business days to stop the lawsuit and turn over all documents, funds, and anything else pertaining to my property.

1 January 2025 | 2 replies
I bought a business where the prior owner had it in an S-Corp, the S-Corp and he was sued personally for three million.