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Results (10,000+)
Chris Bryan Jumbo Listing (2 properties - 1 listing)
15 April 2024 | 2 replies
Do you have different settings than the individual listings ie longer minimum stay, etc? 
Brian Kilpatrick Primary Residence turned into first rental...Now what?
16 April 2024 | 8 replies
Step 2, open a bank account (you'll need an EIN, which you can get online from the IRS at this link https://sa.www4.irs.gov/modiein/individual/index.jsp.)Step 3, sign a deed of your property into the LLC. 
George Bechir Embracing Early Failures: Stepping Stones to Success
15 April 2024 | 0 replies
Yet, those who do not give up continue to strive and eventually achieve their professional goals.Similarly, consider individuals who leave stable jobs in search of something more fulfilling.
Nathan Frost Need advice on Cash Out Refinance
15 April 2024 | 20 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.
Veronica Solomon Insuring Rental Properties Deeded into LLC's w/ conventional personal loans attached
16 April 2024 | 11 replies
Non of the insurance policies had individual liability it was wrapped into the umbrella.
Evan Smith Seeking an uncommon debt structure: Commercial collateralized vs Residential on SFR
15 April 2024 | 0 replies
A debt structure for SFR that's valued by cap rate as opposed to individual appraisal.Im open to speculative conversations but here is the scenario.Tenant: National tenant, operating 4000 leases nationally on single family homeswilling to pay 1% of gross value and sign a multi year lease.
Jamie Smith Travel Nurses for mid term rentals
15 April 2024 | 12 replies
I assume you are talking about the individual nurses renting  your unit. 
Benjamin Weinhart Happy Tax Day! Quick Reminders For Those Yet To File
15 April 2024 | 1 reply
Just a friendly reminder that the deadline to file Individual, Trust, and C-Corporation returns is today.
Nathan H. Complicated Capital Loss/Gain Question for all of the tax wizzes on here
15 April 2024 | 7 replies
This can reduce your taxable income for the year.Carrying Forward Unused Losses: If your total capital losses exceed your total capital gains plus the allowable deduction against other income (currently up to $3,000 for individuals or $6,000 for married couples filing jointly), you can carry forward the unused portion of your capital losses to future tax years.Regarding your question about deferring capital losses into 2023 and using them to offset capital gains in that year, yes, you can typically carry forward unused capital losses from previous years and use them in future years, even if you had capital gains in those previous years.So, if you choose not to use all of your capital losses from 2022 to offset your income in that year, you can carry forward the remaining losses to 2023 and use them to offset capital gains you expect to have in that year.
Julio Gonzalez Cost Segregation on Apartments under $1M
15 April 2024 | 0 replies
For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.