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9 October 2024 | 312 replies
This will allow us to maintain flexibility to potentially sell the property within 24 months.This is Ashcroft’s first capital call, and while it’s regrettable to take this step, our primary focus remains safeguarding your investment.
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8 October 2024 | 36 replies
It is everywhere: 262 671 6868I have owned rental properties in my personal name for about 15 years (on top of what we have in LLCs), my name and phone number are plastered all over the internet and I run a YouTube channel with all my personal information.
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4 October 2024 | 8 replies
High-speed internet, a desk, good coffee etc will be different than a family staying for a vacation.
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7 October 2024 | 20 replies
Then you have wiped the slate clean on the loss carryforwards, that $200k of released loss carryforwards offsets ordinary income first - so you will actually get a great result.Then, in 2025, when you have no more pass loss carryforwards, consider making that real estate professional status aggregation election, and utilizing cost segregation on properties you acquired in a prior year.Of course all of this - get some real tax help, I'm just another guy on the internet here, and there should be a deeper dive on the circumstances than what you can get through a forum posts to ensure this all actually works properly in your situation.
2 October 2024 | 10 replies
It does not cover phone, internet, or TV.I'd open up the STRs for locals in need.
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1 October 2024 | 9 replies
Certainly, one, as a lender holds most sway PRIOR to issuing a loan, where one can impose/require all of these safeguards.
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30 September 2024 | 15 replies
Also, what about internet, trash and security?
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3 October 2024 | 16 replies
I would strongly encourage getting one with good internet, as a bunch of the tech crowd from Atlanta will rent it out in order to work remote.
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1 October 2024 | 12 replies
Not an attorney, nor a CPA, and I don't play one on the internet, BUT, things to consider if you would want to run revenue through your LLC...The LLC would need to be tied to the property in some way, either as the owner or manager.
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30 September 2024 | 10 replies
Weekly rent averages about $ 175 per week and I provide internet, utilities and a coin-op laundry.