
18 June 2024 | 5 replies
Since you own the LLC / Land Trust, provided the activities you performed to earn material participation hours meet IRS requirements and the STR meets IRS requirements, then you should be able to offset non-passive income (W-2, 1099, etc.) with losses from this STR. ...

18 June 2024 | 53 replies
The seller was insistent on using probable future revenue rather than previous performance, which was a difference of hundreds of thousands.

16 June 2024 | 2 replies
Not really, although the area around Pulaski Pike has some rough patches- Would you recommend trying to rent to Section 8 tenants?

17 June 2024 | 36 replies
We only buy performing first position.

18 June 2024 | 4 replies
So, I have no idea how much money I owe for 2023&2024, how much money is actually mine, how to take advantage of tax deductions/credits/RE professional Status/ renovation costs/perform a cost segregation, if I really need a wealth manager at this point and how to take out my retirement investment and move it to a mutual fund I run independently.My ultimate goal: create systems for my corps to run smoothly and optimize business-related expenses, keep my books up-to-date for both corps so I know my input/output, pay quarterly taxes throughout the year, give myself a modest monthly income and continue to preserve/build wealth and grow my RE PORTFOLIO!

17 June 2024 | 19 replies
Most banks want to dispose of non-performing assets quickly, and will do so by selling at a public online auction like Auction.com, or list the property with a local Realtor on the MLS.Even if you can work your way up to the bank's decision-maker on this property, it's highly unlikely they will sell directly to you.

17 June 2024 | 14 replies
The goal is to find a great deal on a home that needs renovations, then perform those renovations and sell the home for at or above market value.

16 June 2024 | 1 reply
Qualified home energy raters/assessors must be trained and certified as one of the following:Building Performance Institute Building Analyst ProfessionalBuilding Performance Institute Home Energy Professional Energy AuditorResidential Energy Services Network Home Energy Rater; orenergy rater, assessor or auditor who meets local or state jurisdictional requirements for conducting residential energy audits or assessments, including training, certification, licensure, and insurance requirements.How Much of an Energy Package can Be Financed?

17 June 2024 | 11 replies
It is a distribution that is based on the performance of the business overtime - like a small equity position that helps to align the interests of the buyer and seller.

15 June 2024 | 3 replies
I can do dry wall patches and install sink faucets as well