
12 August 2024 | 26 replies
@Blake Yarbrough why not have the individual loan you the down payment, secured by the property, at a rate that is more than he can make in the market or in a CD and calculate that amount into the total debt service.

11 August 2024 | 99 replies
It might take some time, but I'll go through each one individually at some point.I just usually end up downloading the podcast and listening on the train so I don't have to worry about losing reception.

12 August 2024 | 28 replies
Not saying you did, but often people love to quote the cashflow but conveniently leave out capex, which can be considerable on a bunch of individual houses.

12 August 2024 | 25 replies
@Bob Okenwa: You are part of a very elite, forward-thinking group of individuals that are stepping ahead of the future.You can do it!!

13 August 2024 | 21 replies
Because the ownership and use requirements are met for each residence by each respective spouse, H and W are each eligible to exclude up to $250,000 of gain from the sale of their individual residences.

9 August 2024 | 9 replies
We are doing individual room rentals it’s a 6,000 sq ft nine bedroom home Things I have heard to include besides basic items are air fryer insta pot tea kettle vacuum sound machine black out curtains and full length mirror We do plan to add a sauna, exercise equipment and possibly a hot tub.

6 August 2024 | 4 replies
However, I'm starting to think I can get much more selling them individually to owner/occupants.

8 August 2024 | 1 reply
Her deep knowledge of the market allowed me to identify properties that were not only viable but held substantial equity potential.

9 August 2024 | 1 reply
I know the solution can really depend on the individuals situation but any opinions or ideas are appreciated!

8 August 2024 | 11 replies
Generally, maintenance supplies like paint are categorized as supplies, while light fixtures can sometimes be categorized as assets if they are permanently installed.Fencing, Lumber for deck remodel, Roof replacement: These are typically considered assets because they are substantial improvements to the property that enhance its value and longevity.In terms of tax implications, categorizing expenses correctly can impact how they are treated for depreciation or immediate expensing under tax laws.