Shiloh Lundahl
Looking for helpful advice for coaching
2 October 2024 | 5 replies
This creates a potential passive stream of income and a way to extend the lifespan of your coaching investment which seems awesome for your business model.Example: Ryan Serhant, advocates profit sharing (equity stakes) in deals that his coaches help close which takes you from coach to partner, and a model proven successful.Client View: Positioning yourself as a partner to their operation is a way for the client to understand your investment in their outcomes outside of the dollar signs involved, and shows them that you are coaching them in a way that provides long term success.
Brandon McCombs
Ohio - if a co-tenant moves out whose responsibility is it to ensure lease is updated
1 October 2024 | 12 replies
Many leases extend as month-to-month after the initial term.
Jimmy Rojas
Advice applying for a home mortgage with 1099 forms but no tax returns
30 September 2024 | 8 replies
Your mortgage lender may require you to file both 2022 and 20203 before extending a mortgage to you.
Alesha Walker
What do you think about this plumbing? Cast Iron video
1 October 2024 | 6 replies
They insert a sock and I believe use an epoxy product to create a liner inside the old cast iron pipe significantly extending its life for much less cost.
Karl Kauper
Tenant Background Checks
30 September 2024 | 8 replies
I've seen a property manager put his own extended family members into a (very nice) property like this and not tell the owner.Good Luck!
Kent Ford
Flipping in Waco: What to Look for When Buying a Fixer-Upper
29 September 2024 | 18 replies
Also, again making your property stand out to be more appealing to those who have to stay for an extended period, how will you make them most comfortable with the possibilities of a fixer-upper?
Greg Moore
Anyone moving their investments to Bitcoin?
7 October 2024 | 190 replies
So, my extended thinking in service of that goal is to double down on BTC for 24 months and see how we’re doing.
Walchli Donna
How to report income on hard money bridge loan repaid to me?
30 September 2024 | 8 replies
If you have a partnership structure or some other facts and circumstances around the loan that indicate you are extending it in the capacity of a trade or business, it will be considered ordinary income.Keep in mind that the tax rates will not differ between ordinary and passive income unless you sell the loan for a gain/loss.
Ahmed Hafez
Canadian Real Estate Investors
28 September 2024 | 12 replies
The key factor is physical presence, which, as you mentioned, requires being in the U.S. for at least 183 days during the calendar year.However, it’s essential to note that the substantial presence rule can apply to foreign property owners who spend extended time in the U.S.
Dennis McHugh
Real estate professional tax question
30 September 2024 | 11 replies
You'll also want to look into the opportunity zone, as of now they expire December 31st 2026 meaning any deferral of tax comes due at that time unless Congress extends it.