Nicholas Nocella
Looking for some direction!
30 January 2025 | 6 replies
I’ve taken care of all my debt and am pre-approved for roughly $220,000.
Bruce D. Kowal
What REALLY Triggers IRS Attention in Real Estate Partnerships - From An Onlooker
29 January 2025 | 6 replies
✅= You're probably fineWhat Gets You in Trouble:Can't explain structureHidden arrangementsToo good to be true tax benefitsPartner disputesBottom Line:IRS cares about substance over form.
Christopher Jennings
Hello from a new member from Gilbert/Phoenix and the surrounding cities
28 January 2025 | 8 replies
I'm lucky to have a motivated client/investor that wants to work with me, and I feel a tremendous amount of responsibility to take care of that trust and investment.
Sakshum Kulshrestha
Questions about Philadelphia Market for LTRs
28 January 2025 | 6 replies
Be careful of renting in Northern liberties, fishtown, brewerytown, point breeze.
Josh Ball
Tenant with medical marijuana card. What are my options?
16 January 2025 | 3 replies
I could care less if someone smokes marijuana but worried it might impact other tenants & future renters.What are my options, if any?
Jack B.
What are the risks of DSCR loans?
19 January 2025 | 9 replies
I can buy a 2-4 unit with 20% down vs conventional can only buy a 2-4 INVESTMENT property with 25% down 4. there are options where DSCR loans dont repot to personal credit, helps in not having to show a bunch of paperwork or not one person in a partnership has to carry the debt5. way less paperwork to close on this loan type vs a conventional loan. we care about the income of the property you're buying and it's ability to service the debt of the property whether we use long term rents income, lease income, or air dna/bnb income.6. easily buy in partnerships, add people to your operating agreement, its as easy as that so bring partners into a deal. helps with scaling and raising capital or getting partners involved7. gift funds allowed to close on these as well, and like I said earlier, there's only a 10day seasoning period of funds with some lenders so that means you can literally have a private money lender deposit money into your account 11 days before closing, and you can use those funds to close!
Dallas Smith
Selling 2 properties
24 January 2025 | 5 replies
However, Opportunity Zone investments require careful structuring to ensure compliance.Evaluate your priorities: If starting a business is the main goal, proceeds from your primary residence (with the capital gains exclusion) might provide the simplest funding option.This post does not create a CPA-Client relationship.
Richard L Buchanan
Real Estate Investing
13 January 2025 | 9 replies
However, with careful planning and a proactive approach, you can navigate these hurdles successfully.
Nicholas Stout
Landlord getting into section 8 rentals. Any Tips?
18 January 2025 | 19 replies
They took care or the property.