Edgar Duarte
should I sell NOW to avoid taxes or hold it for appreciation?
22 January 2025 | 4 replies
Additionally, Airbnb income during this period could generate steady cash flow, though market conditions and regulatory risks should be considered.
Jake Faris
LLC creation: any gotchas for this joint venture?
28 January 2025 | 4 replies
Because you are essentially buying into an existing business, the sale of it could generate a disproportionate amount of tax for you given your time in this deal.
Jonathan Small
50% Rule vs DSCR > which do you use to calculate a good rental
15 January 2025 | 4 replies
However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.
Tim Johnson
Is Real Estate the best way to reduce your taxes?
18 January 2025 | 5 replies
If you are using STR, REPS, or self rental with material participation to convert to active or nonpassive income, you do not have to do this if you have passive business invesment that produce passive income that will exceed the loss generated by depreciation.
Giovanni Rodriguez
Help with getting a heloc
6 January 2025 | 3 replies
;however, my issue is that I dont have good credit and since im self employed I make.very little income.
Taylor Hughs
Scaling: Why should I buy single families first then multifamilies later?
7 January 2025 | 8 replies
So, often times even if 1 or 2 of the units in the building are not generating any rent, the remaining rents are still enough to pay for all of your property’s expenses and you don’t have to come out of pocket to cover them.
Christina Hall
Best skip tracing website?
29 January 2025 | 40 replies
Quote from @Christina Hall: Sorry I only read a fraction of what you just posted … bc damn … lots of unnecessary commentary But I do understand Search volume managing hundreds of thousands of dollars per year in google ad spend and seo for major organizations If the volume isn’t high enough than you aren’t going to get meaningful traffic to drive conversionsIf there are 20 people searching per month and 10 convert and they are qualified and that’s all you need then great But the fact that you are screenshotting hundreds of form submissions is suspect and misleading to those who don’t understand hence the reason why I’d love too see your GA Good luck out there Humor me for a second.You come to the forums asking for help on lead generation because obviously, you are not very good at it, hence asking for help.
Ananth Subramanian
Post eviction: Collecting Judgment amount
16 January 2025 | 8 replies
File lien if you find assets. (3) File wage and bank garnishment if you have bank account number and current employer. (4) In most cases it is impossible to find current whereabouts of the tenant to serve any papers (garnishment papers)(5) We have started asking for car insurance cards to get information on the car, the only asset most tenants posses.(6) We have not been able to find new address of any of the evicted tenants.
Diandre Pierce
I have 5 houses renting, what's next
12 January 2025 | 8 replies
A real estate business can also potentially generate a SOLO IRA or something like that.
Steven Moutray
New to REI, Building foundation
16 January 2025 | 3 replies
We are both self employed so retirement is something we have both started thinking about.