Kurt Pourbaix
CTA - BOI Report and Child LLC's
5 December 2024 | 2 replies
When a child LLC (disregarded entity) is used to hold each property, and all of the tax reporting is done on the tax return of the parent entity, does each individual child LLC need to file the BOI Report, or only the parent LLC?
Matthew Posteraro
Long Term Rental Analysis - Multifamily
12 December 2024 | 6 replies
They analyze components such as cash flow, principal paydown, appreciation (both home and renovation), initial equity, depreciation, and interest deductions for tax savings, giving you a clear picture of individual gains and ROI over 30 years.
Sebastian Bennett
Mentorship Advice For New Investor
6 December 2024 | 21 replies
I've met plenty of individuals with far more experience than me who have offered referrals, advice and so on but I'm looking for more handholding than is reasonable to ask for someone to provide for free.
Joseph Waitkevich
Airbnb in Vegas
5 December 2024 | 10 replies
Here is a link to the Las Vegas short-term rental page: https://tinyurl.com/2fcsjj32Whether you can offer a short-term rental out of a condo or apartment depends on the individual property.
Chris Rendall
Issues with homeowners insurance when transferring title to LLC?
4 December 2024 | 10 replies
The insurance would not be valid for two reasons:1) the insured “individual” is no longer the owner2) the insurance was for an owner occupant, not a rentalMost people DO change the insurance to reflect the llc as owner and as a rental.
Albert Hepp
Are you seeing Flat Fee Buyer Agents in your market?
3 January 2025 | 26 replies
Since they are 1099 independent contractors, payroll taxes are not paid by the brokerage so agents have to pay about 20-30% out of the portion of the commission they get to Uncle Sam for income taxes, depending on their tax bracket and individual tax situation of course.
Michael Plaks
EXPLAINED: can I apply "STR loophole" strategy in December?
11 December 2024 | 15 replies
Hoping we get the 100% back but reasonable to still get the 40%.also, can an individual/LLC have more than 1 property per year that they can do the bonus depreciation on?
Christina Hall
Best skip tracing website?
13 December 2024 | 31 replies
have looked into Batchleads as well but quality of data looks comparable Check out traceestate.com $0.08 per individual and $0.15 per LLC.
Heidi Fischer
STR Loophole possible buying in Dec 2024?
10 December 2024 | 25 replies
Or is it limited to 1 property per individual/LLC per year?
Lorenzo L.
Buying my first property (NEED ADVICE)
15 January 2025 | 39 replies
CAPs are an individual investor's measure of acceptable risk for a given reward.