23 February 2024 | 65 replies
In such cases, you might not be eligible for certain tax deductions related to rental properties.2)When you have multiple properties in an LLC, you should maintain proper accounting practices to allocate expenses appropriately.General expenses such as home office expenses and supplies may need to be prorated among the properties based on a reasonable method.
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23 February 2024 | 14 replies
It's kind of a traditional method- but you can see why it doesn't work.
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22 February 2024 | 3 replies
I'm just wondering from seasoned investors on what's your go to method for analyzing a property.
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22 February 2024 | 8 replies
The best strategy I have been seeing work lately is the BRRRR method with section 8 tenants.
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22 February 2024 | 4 replies
Yes my accountant told me about this method, but both me and my wife have full time jobs.
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23 February 2024 | 387 replies
I'm still active duty so it was great to hear about your success and methods.
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21 February 2024 | 6 replies
This method involves purchasing properties that need work, rehabilitating them to add value, and then refinancing based on the improved value to fund additional investments.
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21 February 2024 | 7 replies
This is one of the main reasons people go with DSCR Loans or other similar options versus conventional - ability to do LLC, especially with the BRRRR Method (which sounds like what you are doing).PS - heres an article published on BP which includes pros/cons/differences on financing options for BRRRRR hard money/refis https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...
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20 February 2024 | 2 replies
NONE of these methods can possibly target motivated sellers.