Stuart Udis
If you are buying lower cost SFH's what is your exit?
9 December 2024 | 20 replies
Therefore expect a 15 page home inspection report filled with corrective measures you must satisfy otherwise the buyer walks.All in between turning over the home, ordinary transactional costs ( broker fees, transfer tax, loan payoff fees etc.) seller assist, repair addendum repairs its very possible for your exit fees to approach 13-15% of the properties sale price.
Nishan Akwalia
1031 followed by quit claim deed
29 November 2024 | 5 replies
Transferring a 1031 exchange property into an LLC shortly after purchase typically won’t trigger immediate tax consequences for your wife if the LLC is a disregarded entity, as you file jointly.This post does not create a CPA-Client relationship.
Ryan Leake
Why Guest Reviews Matter (and How to Get More 5-Stars!)
22 November 2024 | 5 replies
A smart lock or lockbox can make their arrival seamless and stress-free.Act on Feedback: Show guests you value their input by making improvements based on reviews.
Michael Moore
Closing residential property in a Trust
26 November 2024 | 2 replies
If you are closing on a property that you will reside in, can you close it in a Trust, or do you have to close it in your own name, and then later transfer it into a Trust?
Ryan Dunn
Unexpected Rate Increase on BRRRR Loan – Is This Normal?
10 December 2024 | 36 replies
Usually an appraisal can be transferred to a new lender, so as long as it wasn't completed 90+ days ago, it should still be valid.
Richard Nguyen
Experiences with SDIRA
29 November 2024 | 9 replies
You can transfer cash and assets from one IRA to another IRA anytime, this is a non-taxable event.
Matthew Holden
SDIRA -- Friendly Banks Offering Interest
26 November 2024 | 6 replies
Worst case you can transfer the money from the current custodian into Fidelity and back and forth it would just create work for you and possible wiring fees....
Thomas F Blaskey
1031 vs Gift vs Sale
26 November 2024 | 3 replies
This seems like a lot of work to save 15% of $35k in taxes (Less than $5k.) especially if you have transfer taxes or title insurance, or you convert your long term 15% rate in to your son’s regular income tax bracket.I hate paying taxes as much as the next guy but this lemon isn’t worth squeezing.
Jorge Borges
Has anyone worked with Tardus Wealth Strategies?
15 January 2025 | 144 replies
So in reality, I've made $142...luckily I have extra cash and was able to make those LOC payments without taking the Prosper money...but I cannot imagine going into my account and transferring the money out of Prosper to my bank every day over a 2-4 week span...unless you "skip" the initial month and let the cash build up...the point...it's tedious as F*&K to manage.
Craig Salzer
Norada Capital Management notes
1 December 2024 | 68 replies
Norada’s promissory notes generate predictable monthly passive income transferred to the investor’s funding account via ACH,” ( Link ).Santarelli confirms these fixed, double digit returns in a detailed YouTube video presentation (Link, at 35:08).