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4 January 2021 | 13 replies
Maybe I'm putting the cart before the horse, but What's the likelihood of getting renters within the first 3 months?
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21 July 2014 | 55 replies
It has nothing to do with avoiding work.That's like saying that driving a car is LAZY, and one should only ride horses and buggies as they did 100 years ago.Technology is here, and there are PLENTY of ways to stay connected to your tenants, including birthday cards, Gift Cards for when they pay early each month, Xmas cards, etc.Don't cut off the nose, to spite the face.
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12 October 2017 | 3 replies
Am I going about this incorrectly (buggy before the horse?).
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21 August 2018 | 6 replies
I'd like to add in a note or two...Before the passing of the TCJA, Justin's statements were pretty widely accepted - generally speaking, S Corps were the way to go for active businesses like flipping and wholesaling to help mitigate SE tax.Now, with the new tax law in effect, the Section 199A 20% QBI deduction throws a wrench into the plans.There are already a few great threads about the Section 199A deduction on the forums, so I won't beat a dead horse on that but I will say that it certainly should make everyone rethink their entity structure.If you fall below the income threshold for the QBI deduction ($157,500 for single filers; $315k for married filing jointly), it might be more beneficial to forego the S Corp.
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12 October 2017 | 25 replies
The ADA uses the words "service animal" and such animals include only dogs and to some extent miniature horses.
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4 May 2016 | 15 replies
One of the things you will find out when you start investing in properties, the difficulty if getting financing for an investment property in an llc, most all banks require them to be in your personal name in order to lend on them.My advise, do a deal or five, see if you can, or if you like it before wasting unnecessary money, then once you have money to protect set up the llc or corporation to protect it.Don't get the cart before the horse.
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24 October 2017 | 10 replies
@Noah Wood From my perspective, I think you're putting the cart before the horse.
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23 June 2016 | 84 replies
Her first husband took out a 2nd mortgage without her knowledge, even though he was not on title, she lost the house to foreclosure and ended up living in a camper in a friend's horse pasture with her 7 year old son.
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10 January 2015 | 13 replies
@Chad Clinton Wow, I'm sorry for the hard lessons, but congrats on getting back on the horse!
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15 January 2017 | 15 replies
While I understand I know you are trying to be proactive, you might not want to put the cart before the horse (sorry for the cheesy cliche).