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Results (10,000+)
Brandon Turner Do YOU listen to the BP Podcast? Then PLEASE help us out!
11 August 2024 | 99 replies
LLC orS-Corp.Don't be in the wrong type ofentityFirst – Asset protectionbenefitSecond – Tax savings benefit Rental Real Estate – 1031(same in LLC or personal name)Syndicate - 15% or more in taxsavings, self-employment tax (flippers may use this) Expenses for write off &deductions: equipment & appliances, home-office ($5 per sq ft.), travel costs (related tobusiness), kids (income shifting by payingthem to work for you, meaning business related), membership, conferences &education, meal expenses for business, retirement strategies (selfdirected investing, tax-free or tax deducted, 401K/IRA)depreciation Pro-active Planning / Get a taxadviser Talk to your tax adviser inadvance Fire OutOrganize expenses, listquestions, changes (buy, sell, etc. properties.)Changing entity type from LLC toS-Corp etc.
Spencer Cuello Home Warranties and Risk Mitigation
8 August 2024 | 5 replies
They also do not work in a timely fashion so if it’s a rental that could be a problemJust food for thoughtFor us what we make sure we do is service and maintain our equipment like hvac and appliances which often leads to longer life spans
Mike Dempsey Furnace & Air Installed Premature
7 August 2024 | 3 replies
The sellers let us in but did not say anything until we had equipment torn out.
Paul Post How much info can a PM share with a landlord?
9 August 2024 | 47 replies
I have a responsibility to protect them from identity theft.If you are a Property Manager, you should only share the minimum and keep it generic.
Makan A Tabrizi Items in Common Areas
7 August 2024 | 2 replies
You agree to be solely responsible for items that are damaged or damage that is done to power equipment from those items during lawn service.
Shelly Glennon CRE Cash out refi on long held, LONG term tenant, looking for 25-30 year term
5 August 2024 | 4 replies
So while I can't claim to speak for every financial institution out there, it's a very broad survey, finding an option not contained there might involve making quite a few phone calls.When I see 30 year fixed, 30 year amortization, 30 year maturity (basically, identical terms to a consumer-friendly kid-gloves home loan), which does in fact pop up if I specifically search for it, it's almost always at a rather high interest rate, and the borrower doesn't opt for it.
AJ Wong Mortgage Rate Collapse: Suddenly the game has changed
4 August 2024 | 12 replies
Anyone who is a first time home buyer, likely isn't equipped with a downpayment or a solid profile right now in a precarious time as unemployment ticks up. 
Daniel M. Seeking Advice on Using Retirement Funds for Real Estate Investment
7 August 2024 | 32 replies
Historically real estate and markets are nearly identical over a long period of time. 
Lee Roden-Reynolds Using Real Estate to get out of debt
3 August 2024 | 7 replies
I second a good side hustle and have spent some money utilizing a real estate photographer which is one way to get going and making good money with only about $700 worth of equipment.
Jeff Stevenson Question about LLCs for residential mortgages
2 August 2024 | 5 replies
Howdy @Jeff StevensonWhile I don't have experience yet with that specific strategy and do not know anything about your business organization, I also am just starting out and this is very similar but not exactly identical to advice I recently received from a qualified professional.Other things to consider,1.