
23 December 2024 | 12 replies
We also take our draws/income in a different proportion that what each of our Basis' are.One things that I have often wondered when people are thinking of doing the S-Corp thing to 'save on FICA' - I get that, in general.

20 December 2024 | 10 replies
Even in the off-season - you can optimize visibility by setting competitive pricing, using high-quality photos, and enabling Instant Book with flexible policies.For older listings, try adjusting prices with dynamic tools, highlighting upgrades, and regularly updating your title, photos, or descriptions to stay fresh in search results.These tweaks can make a big difference!

20 December 2024 | 6 replies
Some info that would be helpful to know would be the value of the house and outstanding mortgage amount.Yeah, I’ve been trying to rent out the other room, but I’m not sure how to market it without the hassle of having two different roommates.

19 December 2024 | 15 replies
The difference would depending on your exact deal though, each of those are weighted differently.

23 December 2024 | 5 replies
I tend to do a quick dirty look at a building like JW with price per door, but after that sniff test, I quickly like to understand $Cost/SF and $rent/SF.The way I look at a single family, 2-4 units, or a 20 unit is all different, but the end result is still ROI or IRR (over time).

20 December 2024 | 0 replies
There are several different types of income in the US tax code.Two main types are “active income” and “passive income".Active income is money you earn from working, such as wages from a W-2 job or income from running a business.Passive income is money you earn from investments like real estate, stocks, or rental income from your RE portfolio where you earn $ without actively working.Normally, you can't use passive losses (like losses from real estate investments) to offset active income like your salary from a W-2 job.That is unless you are an RE Pro.The reality is, that Real Estate Pro status is just a filing status similar to filing married or jointly.And if you are a real estate professional you CAN use passive real estate losses to offset active income from other sources.To qualify as an RE Pro you must:1.

20 December 2024 | 14 replies
Now, if you have a good Broker and he is set-up at 8 different lenders already and he/she is great at the processing and getting loans closed then I'd say they are worth their point.

22 December 2024 | 7 replies
Big difference.
13 December 2024 | 3 replies
Most primary residence lenders are not going to lend in second position for a purchase.

19 December 2024 | 5 replies
@Scott Tennell there might be two different definitions here to the PML term.So, if you mean you are reaching out to PML that lend money all the time and have experience doing it - then they will tell you what their requirements are.