Teekap Pate
Tenant applicant - Prior eviction, decent HH income
13 December 2024 | 7 replies
Think of it this way, for example...If your rent is $2000 but it is vacant for 2 months that means your effective growth income (EGI) for a year lease = $20,0000But if you lower it to $1900 & it sits vacant for only 1 month your EGI for a year lease = $20,900You can play with the rent numbers & how long you think it could remain vacant, but at the end of the day the most expensive route is vacancy.
Jorge Abreu
Selling Properties with Transparency and Maximizing the Sales 📈
11 December 2024 | 1 reply
Typically, residents remain unaware unless they observe property tours or inspections.
Tyler Jahnke
Morris Invest Case Study 2.0
30 December 2024 | 819 replies
There were other issues regarding unreported criminal matters that were piled on so they could revoke any remaining agents license.
Tony C.
Filing a 1065 Partnership return Husband/Wife vs Schedule E
19 January 2025 | 42 replies
We live in MI and my understanding is a husband and wife are not looked at as one and a single member LLC is for that member listed only.While the others remain on Schedule E unless we decide to move them into a Multi-member LLC then we will file as a partnership.
Scott Esmail
Double taxation for foreign nationals ( Canadian investor)
12 December 2024 | 6 replies
You would pay us corporate tax rate, but the retained earnings could remain in the company and not be repatriated to Canada.If you are moving to the U.S.A. and will not be keeping a presence in Canada, then once you move you should not be paying Canadian tax on your world-wide income.
Steve Englehart
Cashing out IRA to buy rental properties.
3 January 2025 | 45 replies
In this way, investments can remain in the C corp and grow tax free until a sale or you take dividends.
Matthew Mclean
Do I accept a Housing Voucher?
11 December 2024 | 29 replies
Housing costs and rents are through the roof while incomes have mostly remained stagnant.
Roberto Vasquez
First timer here
10 December 2024 | 5 replies
Determine local/state laws regarding wholesaling and determine if (1) you need to be licensed in the jurisdiction you’re considering and (2) if you’ll be able to operate profitably while remaining legally compliant2.
Lorraine Hadden
Wisdom of Great investors - Quote
9 December 2024 | 3 replies
The hard part is actually remaining disciplined to manage that emotion and not losing that conviction when it does get ugly.