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Results (10,000+)
Brendan M Hornung Sub-To Tax Advice Needed
4 February 2025 | 9 replies
If transferring the property to an LLC, be mindful of the due-on-sale clause, and note that an LLC itself does not offer tax savings unless electing S-Corp status, which is rare for rentals.To maximize tax benefits, consider cost segregation, bonus depreciation, and short-term rental (STR) strategies, which could allow you to offset W-2 income if structured properly.
Kwanza P. My First Property Manager
5 February 2025 | 16 replies
I personally will not expand into a market without securing a reliable team first.Service Quality Over Price – While 10-15% may seem attractive, be cautious—cheaper often means less attention to detail.
Aaron Costello Finally Setting up my account
21 January 2025 | 7 replies
Finding reliable contractors for out-of-state investments can indeed be challenging.
Bruce D. Kowal How to bypass your CPA and get free and accurate tax advice using AI [SAVE this post
27 February 2025 | 19 replies
Example: While you can't get a reliable answer on some topic like "X", if you write up what you think about "X" and then ask it to critique your write-up, it'll often do a pretty good job.One thing I'd say is you want to use it to flesh out answers in your areas of domain expertise.
Anthony Pace Underwriting Fix & Flip Deals
21 January 2025 | 2 replies
Hi All, I'm in need or a reliable tool to use when underwriting short term fix & flip loans.
Geoffrey Serdar Engagement Fee for a loan: LENDBASE
29 January 2025 | 31 replies
I transferred the money via EFT (the transfer instructions had no reference to Lendbase - red flag), and asked for a receipt, but was told that their customers rarely ask for a receipt. 
Enrique Toledo Seller financing financial questions
27 January 2025 | 7 replies
I agree with the others here that say you need to have some skin in the game, if you are going to live there yourself, get an FHA loan rather than owner financing, you can get a 3.5% down loan, personally I do not love these as they require  PMI which is an additional expense, and you also need  bring additional funds for closing at least for taxes, title, attorney and transfer fees . borrowing from anyone else for the down payment, to include a personal loan from the bank is not a good idea, those again will be higher int. rate.
Marc Zak LLC Insurance and Taxation
31 January 2025 | 7 replies
If you have a loan, you may wish to look into due-on-transfer clauses.
Josh Smith HOA management in Pigeon Forge
1 February 2025 | 3 replies
Use Josh Rimmel for landscaping (professional, honest and reliable).
Jerry Shen Buying RE with Bitcoin
11 February 2025 | 167 replies
Is it possible to transfer Bitcoin to someone else, or does it need to be liquidated?