Wade Wisner
Help with Note/DOT investing
28 January 2025 | 14 replies
We network with other fix & flippers teaching them how to properly structure a seller financed note so that it has value on the secondary market, we then buy a partial from them to take out most, if not all, of their cost basis so they can recapitalize and go do another deal.
Mike Beer
Has anyone tried the RaiseMasters program by Hunter Thompson
14 January 2025 | 39 replies
I've only been in a week so far, I'm hoping there is a little more structure for new members than there seems to be at this point.
Ajay Bodas
1031 Exchange Property from Revocable Trust to an LLC
31 January 2025 | 6 replies
To avoid issues, hold the property in the trust for a year, ensure the LLC is properly structured, and consult a CPA or 1031 exchange expert to confirm compliance with state and federal tax laws.This post does not create a CPA-Client relationship.
Jai Windish
Central Illinois Rookie
30 January 2025 | 12 replies
I'm totally good with some sweat equity but I'm not in a position to do Roof, siding, structural repairs and such.
Jake Bute
How to track time in business to accommodate 500+ hours?
9 January 2025 | 7 replies
I'm going off the understanding that you still need to spend 500+ hours in the business to achieve material participation (please correct me if I'm wrong).
AJ Wong
Ten Real Estate and Economic impacts of the LA Wildfires
16 January 2025 | 4 replies
Not only will lenders be effected, but borrower credit, business loans, inventory, and auto credit will suffer when those effected have to relocate, find long term replacement housing and their livelihoods and income are destroyed.
Jimmy O'Connor
A Breakdown of Philadelphia Neighborhoods and Values
11 February 2025 | 69 replies
Redlining IMO would only be an issue if @Jimmy O'Connor said to stay away or refuse to do business somewhere; he did not do that, he just pointed out property characteristics.
Zachary Myers
Seeking Recommendations for Multifamily Refinance Lenders
11 February 2025 | 4 replies
HUD 223(f) Fixed Rate Permanent Loan: The HUD 223(f) is a fixed rate, 35-year term, high leverage (87% LTV; 1.15x DCR), fully amortizing loan product with a 10-year stepdown prepayment structure (10-9-8-7-6-5-4-3-2-1%; Open @ Par).
Alicia Howard
RV Depreciation for 2024 taxes
15 January 2025 | 5 replies
To throw a wrench into things, if we were talking about real property/structures that were being short term rented, it's possible/likely that your depreciation period would be 39 years, not 27.5.However, a vehicle - which is what an RV is, regardless of how you're using it - is 5 year property.
Nirek Rao
Attorney specializing in immigration + business + tax laws
1 January 2025 | 1 reply
To navigate the nuance in the laws properly for compliance and to accurately structure our LLC, I am looking to consult with an attorney who knows immigration + business + tax laws.