
22 November 2024 | 1 reply
Again, these fees are charged and paid to the lender to complete and fund the mortgage.Third partyclosing costs include title company fees - including the actual title policy, escrow or closing fee, tax certification, and other title fees; governmental charges – including recording charges, intangible, and transfer taxes (depending on your state).

26 November 2024 | 13 replies
Hey @Justin Woods - as far as I'm aware, the property has to be a complete investment property to even qualify for cost segregation studies and on top of that it has to be large enough to actually justify the study costs/benefits.I don't think it's worth it for a SFH househack you're turning into a 2 family.

23 November 2024 | 26 replies
This is the first person I had heard they were actually out there raising $ and not sure if it was a syndication or JV deal.

19 November 2024 | 9 replies
California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.

21 November 2024 | 6 replies
I actually reached out to him just to phone chat as while he was arrogant and grating, he seemed to know what he was talking about.Very arrogant and all-knowing over the phone, just rubbed me the wrong way.

23 November 2024 | 5 replies
I never actually purchased trees before so I don't know the cost.

22 November 2024 | 12 replies
You can write off everything still, its actually better if flip takes more then a year as you can make it look like a long term capital gain, need a investor friendly CPA who isn't afraid to do what gets you the lowest tax payments.

22 November 2024 | 8 replies
Since it says you are new to real estate and sharing calculations, my experience is that a lot of new investors are spending a lot of time "modeling" and zero time actually seeing homes or multis or commercial properties in person.

22 November 2024 | 5 replies
You’d be shocked by how little actual screening many PMC’s do!

23 November 2024 | 8 replies
I actually just joined NARPM.