
23 November 2024 | 3 replies
Maybe a HELOC because it's in your account.

22 November 2024 | 1 reply
I have a priority credit line on my brokerage account that is now > 1% lower interest rate than my mortgage.

21 November 2024 | 16 replies
For residential mortgage, an LLC needs two years of its own tax returns or occasionally, a local credit union where you have an account will ok it.The bigger question is about your partnership.
19 November 2024 | 15 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

23 November 2024 | 9 replies
Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

26 November 2024 | 9 replies
It's something you want to account for in advance since it is technically not allowed.

24 November 2024 | 8 replies
I.e. a group that was getting 30+% returns out of a 2017 acquisition with a sale in 2019, should be looked at loosely against other sponsors with deals of similar acquisition date, as general market timing is really going to be 90% of the overall return, with the operations only accounting for a small part of the overall return.

25 November 2024 | 7 replies
Just keep in mind, the costs of setting up and maintaining an LLC and the bank account that goes with it, not exorbitant but important to consider.I'm not a CPA or an attorney, but I would suggest taking the time to diligently put together a trusted team to facilitate your long and successful investment journey!

22 November 2024 | 12 replies
I was told by my tax person that I can only deduct a percentage and not the total cost of the remodel.Thank youI am not sure why your accountant would mention you can only deduct a percentage.

26 November 2024 | 46 replies
They don't build a proper reserve, failing to account for turnover costs, vacancies, capex, etc.