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19 November 2024 | 19 replies
I’ve also challenged them to listen to BP podcast as well, and explained that it’s up to them to educate themselves and fuel their minds - but I also know where my thought process was like at 20yrs of age.
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19 November 2024 | 6 replies
Confirm with your CPA that any excess loss was reviewed for NOL calculation and properly carried forward.
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16 November 2024 | 3 replies
. :) Having more than ten bank accounts is excessive, in my opinion.
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16 November 2024 | 2 replies
maybe only be extra $40,000 to build open loft... and I would guess I could possibly charge $2000/mo rent, not sure>>***I was kinda crunching numbers...if I'm estimating it correctly it will take me over 4.5 to 6.5 years in excess rent to make up the cost of building the private loft.....does that seem worth the extra loft cost?
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19 November 2024 | 9 replies
California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.
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18 November 2024 | 12 replies
Beyond that, any excess cash I have will either go into investments or into savings for a down payment on my next property that I can house hack again.
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1 December 2024 | 377 replies
While I type this I am not being present with my kids but speaking with other investors is also important and can help fuel the “bigger cause” of financial freedom, aspirations and other goals I have.
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18 November 2024 | 13 replies
If you are going to be active, and have high conviction in a project with a clearly defined entry/exit strategy then using a HELOC is one of the better sources of capital.But, I continue to have my stance that, on average, folks who use a HELOC to fund the down payment for long-term investments will eventually find themselves in a situation where their portfolios drain their personal financial situations, rather than fueling them.
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14 November 2024 | 2 replies
However, excessive shifting could indicate that the opener isn’t secured tightly or aligned correctly.
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15 November 2024 | 18 replies
., but RHR charges $10 per bill payment, a fee for renewing rental registration, fuel surcharges for service calls, etc.