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10 February 2025 | 8 replies
Unless you have a Roth, you can easily pay much more in taxes by investing in real estate through an SDIRA.
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27 January 2025 | 8 replies
I don’t know when an LLC starts to pay off if you don’t have any partners.
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29 January 2025 | 6 replies
It even gave suggestions on what I could improve based on what my competition is offering.Link to the operator in action is here https://drive.google.com/file/d/1C1uTqgWGfs3AMsUdDWd0FOTbVFM...Quick tip: don’t pay the $200 for this just yet.
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3 February 2025 | 3 replies
but keep in mind CA has higher taxes and reg fees and I’m not doing more than 1-2 flips (short timeframe flips) a year and many years do 0 flipsDo most flippers put flips into LLC Or in personal name (sole proprietor) in CA (where you must pay $800 yearly plus accounting and other fees $300to $600+ yearly to maintain LLC) Pros for personal name-save on taxes accounting.
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1 February 2025 | 2 replies
Take those profits and pay off the rentals.
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29 January 2025 | 14 replies
The agreement is that your tenant will pay for any damages they caused.
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7 February 2025 | 16 replies
Then, both needed about $5,000-$10,000 each in repairs and cleanup.Even with low rents in those areas, renters struggle to pay $995/month on one property and $1,095/month on another.
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26 January 2025 | 21 replies
The guests refused to pay.
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7 February 2025 | 11 replies
Plus the mortgage company probably calls the loan, and if you can't pay it off then you can lose the property.
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9 February 2025 | 9 replies
Buy and holds is the key to true wealth with all the benefits of depreciation, appreciation, loan pay down by your tenants, leveraging the equity, cash-flow etc etc, but it often times isn't the active income that pays the bills until you build up a portfolio and even then there's the tenant management or managing your property managers.That's why I'm involved in all 3.