Desiree Board
Sole proprietor, LLC or Corporation?
22 January 2025 | 3 replies
Avoid C-Corps, as they incur double taxation.Use LLCs for rentals and consider an S-Corp election for flips if income justifies the additional complexity.This post does not create a CPA-Client relationship.
Leeling Chew
Best Course of Actions To Remove a Difficult Tenant
27 January 2025 | 6 replies
Additionally, I am beginning to believe you don't live there to be the "house monitor" as this seems to be going on for a time period.
Brett Henricks
Crew Enterprises DST Investors with suspended distributions please PM me
21 January 2025 | 3 replies
I'm curious if there are additional distressed Crew DSTs out there.
Jason Lopez
Do I need an LLC for my rentals?
2 February 2025 | 10 replies
In addition I heard that is better having one LLC for each property and one for management only.
Samuel Coronado
Sell or rent
2 February 2025 | 3 replies
Additional costs will creep in and costs seem to go up faster than rents, so I would sell and try to otherwise optimize the VA loan.
Chris Blackburn
Tax credit 45L for a 90 unit or 112 unit project? What should it cost?
22 January 2025 | 1 reply
This could cost around $500 to $1,500 per unit, depending on the size and complexity of the project.Certifications: There may be additional costs for certifications (such as HERS ratings) or third-party testing to verify the energy efficiency of each unit.For a 90-unit project, you could be looking at costs in the range of:$45,000 to $135,000 for energy modeling and certification (depending on the cost per unit).For a 112-unit project, the costs would likely be:$56,000 to $168,000 for similar services.Tax Credit Calculation:If you meet the energy standards, you can claim up to $2,000 per unit.
Angelica Cristi
Hard money lender with Auction.com process?
31 January 2025 | 6 replies
Any additional will be refunded a few weeks after the auction.
Preet Oberoi
Multi-family construction opportunity with no construction experience
23 January 2025 | 2 replies
There are a lot of market-specific issues you'll have to grapple with and also, there are plenty of landmines in MFR on its own in CT that you'll have to be ready for, in addition to the nuances and complexities of developing something like this.
Paul Whitehurst
Bank is declining my HELOC - HELP!
18 January 2025 | 9 replies
Can you share some additional numbers about the investment property you're looking to buy?