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25 September 2024 | 9 replies
One accountant said it’s not subject to self employment tax since it’s considered passive (but origination fees and other loan income fees are subject to it.
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27 September 2024 | 22 replies
To back out housekeeping income, look at what others are charing for the HK fee and then make an assumption on how many reservations in a year.
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29 September 2024 | 21 replies
Only challenge is there are broker fees and closing costs.
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26 September 2024 | 1 reply
If you buy a property for $100,000 and then turn around and sell it, you’ll pay ~5.5% ($5500) in agent/broker fees for buyer and seller agent.
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26 September 2024 | 2 replies
Also, is there some prevision I can put in the lease to prevent the tenant from blocking the drive access to the ADU/Boat and from physically messing with my stuff, such as a fee.
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26 September 2024 | 6 replies
Also look at the level of rehab of the comps, be careful not to do too much and work your lot fees into your holding costs.
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26 September 2024 | 9 replies
Do fee simple homes tend to appreciate at a faster or slower rate than condominiums?
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25 September 2024 | 10 replies
I looked into possibly obtaining loan and they required 1% of loan amount for a pre-approval letter and no fund of the 1% fee.
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26 September 2024 | 3 replies
It would save about $230/month and involves about 5k in closing costs and fees.
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27 September 2024 | 4 replies
Do they have high fees?