Fed Finjap
Reflecting on my first year house hacking a 3-flat in Chicago
2 January 2025 | 11 replies
It is a sure thing that you will have success simply based on your introspection!
John McKee
Don't forget to file your BOI Reports by the end of the year
27 December 2024 | 6 replies
(These companies would otherwise have been required to report by January 1, 2025.)Reporting companies created or registered in the United States on or after September 4, 2024 that had a filing deadline between December 3, 2024 and December 23, 2024 have until January 13, 2025 to file their initial beneficial ownership information reports with FinCEN.Reporting companies created or registered in the United States on or after December 3, 2024 and on or before December 23, 2024 have an additional 21 days from their original filing deadline to file their initial beneficial ownership information reports with FinCEN.Reporting companies that qualify for disaster relief may have extended deadlines that fall beyond January 13, 2025.
Eli Fazzo
Real estate investing in South Carolina: Worth it at 6% property tax?
26 December 2024 | 31 replies
Explicitly tell them what you're paying for it so you can get the exact number.Also, we do a 25% property tax relief in SC under the ATI bill - so if you fill out that form, you will get a reduction for 5 years.Info below:ATI Real Property Tax ExemptionSouth Carolina law now allows a partial exemption from taxation of up to 25% of an “ATI fair market value” that is the result of anAssessable Transfer of Interest.
David Pike
Ashcroft Capital AVAF2 Fund 2 Status - Potential Capital Call?
20 December 2024 | 22 replies
With interest rates where they are at and no end in sight for any relief, I am curious what is going to happen to some of these deals that were holding out hoping for lower rates.
Darius Tuy
Hi there, just a 19 year old Real Estate Agent based in Stockton, California!
28 December 2024 | 1 reply
Wanted to introduce myself.
Christopher Hu
First Rental Property listing questions
23 January 2025 | 3 replies
Pay the bill yourself, then reimburse yourself by charging the tenants based on a formula.
Devin Peterson
Commercial property STR lendnig
20 January 2025 | 2 replies
Quote from @Brandon Croucier: Financing a commercial MF that runs as an STR is possible.Appraising a property based on the income is not, whos to say a buyer would STR the property.
Bob Willis
DSCR for acquisition of existing PadSplit
16 January 2025 | 21 replies
They will base their DSCR calculation on the market rent 1007.
David Oh
Profit Sharing Bonus for Property Mangement Staff
15 January 2025 | 8 replies
Avoid basing it on uncontrollable factors like taxes or insurance.
Dhruv Patel
New 7 unit construction
22 January 2025 | 3 replies
Lenders usually determine whether properties are lendable based on the debt service coverage ratio.