
19 December 2024 | 12 replies
According to the City of Chicago tax code, it costs $5.25 per $500 of the transfer price.

19 December 2024 | 1 reply
If you are not familiar with Scott, Scott was the Executive Director of the Opportunity and Revitalization Council, which was tasked in part to support and advance Opportunity Zone tax credits during the first Trump Administration.

19 December 2024 | 4 replies
I shifted from investing with a cash flow focus to the appreciation and tax benefits side of things.

22 December 2024 | 21 replies
Working with a CPA can help you navigate tax implications, and staying focused on long-term planning will set you up for success.

19 December 2024 | 7 replies
Moving out of a state with income tax to a state without before selling, saving 10% or more in taxes.

16 December 2024 | 19 replies
Basically all rentals, even ones owned under LLC, come up during loan DD as long as you file them under one tax return as personal, that was what happened to me earlier.

18 December 2024 | 0 replies
With the increased competition, it’s also crucial to prepare your listing to stand out and work to address buyer objections prior to going on market.

21 December 2024 | 1 reply
How could this impact tax matters for both companies and the Joint Venture as a whole?

24 December 2024 | 24 replies
Include an exit strategy, tax planning, and insurance to protect both parties.

21 December 2024 | 10 replies
The property will be sold upon completion.Rate: 12.05%Term: 13 months interest onlyARV: $648,000Loan Amount: $433,000Processing Fees: $15,361.64 (3 pts plus processing fees)Escrow Charges: $3,130.90Insurance/taxes: $1,722.82Construction Holdback: $498,361Cash to Close: $84,762.36 In the OP, you said that the loan amount was $346k.