Wiley Underwood
Cost-Segregation Study Recommendation?
10 December 2024 | 11 replies
@Wiey Underwood Prior to pulling the trigger on a Cost Seg study, you should evaluate 2 things:1 - How much net additional deprecation tax deductions a Cost Seg study would provide: Best way to get this is by requesting a free feasibility analysis from a Cost Seg provider.
Jonathan Cubeta
Tenant screening
27 December 2024 | 12 replies
Since I am having my prospective tenants cover the cost I would prefer to have the lowest cost option that gives you the most bang for your buck, but at the same time I want to be sure that what I am paying for is reliable.
Janine Sharma
1099 or W2 for onsite MHP property manager?
12 January 2025 | 7 replies
For our larger park we have a 'Maintenance Manager' set up for up to 24 hours per week as needed with OT for after hours emergencies.
Eric Lowe
Cost Segregation Study - SFR
10 December 2024 | 13 replies
@Eric Lowe Here's an article with cost segregation FAQs.
Felicia Smith
Wholesaling and Private Money Lending
26 December 2024 | 3 replies
Currently, I am making plans to setup to become a PML.
Alec Dressler
How to Determine Public Interest in my Future Airbnb
7 January 2025 | 1 reply
The property is off grid, but already set up with solar and a compost toilet and things of that nature.
Jessica Cook
First Flip lending concerns
19 December 2024 | 10 replies
Do you have your contractors set up?
Kavya Veerapaneni
Moving to Danbury, CT – Seeking Advice on House Hacking and Local Strategies
26 December 2024 | 7 replies
To offset costs, I’m planning to buy a duplex and pursue a house-hacking strategy:1.Rent out one unit as a long-term rental.2.Live in the other unit and rent out the bedrooms as short-term rentals (STRs) through a furnished rental approach.Before diving in, I have a couple of questions:1.Can I use a property for both short-term and long-term rentals?
Mike Levene
Most efficient source to pull funds from for a down payment?
20 December 2024 | 4 replies
It’s definitely smart to evaluate the tax and cost implications of your funding options.
Robert Frazier
Your LLC could cost you $500 per day if you don't comply with new FINCEN reg by Jan 1
1 January 2025 | 4 replies
If you own 25% or more of any LLC you are required to register with a FINCEN ID for beneficial ownership by January 1st or you could be subject to $500 per day fines.Have you taken care of business?