Jonathan Joyce
Payoff HELOAN used to buy rentals?
19 August 2024 | 7 replies
Quote from @German E.: Congrats @Jonathan Joyce for a killer 2.25% mortgage rate on your primary residence - I would definitely not touch it.
Gp G.
corporate tax act information filing
17 August 2024 | 2 replies
Since you're in Atlanta, you’ll need to file both federal and Georgia state corporate taxes.Deadlines:Federal: Typically due by April 15 (if your fiscal year ends in December).Georgia State: Usually aligns with the federal deadline.Penalties:Federal: Late filing can result in a 5% penalty per month on unpaid taxes, up to 25%.State: Georgia also charges penalties and interest for late filings and payments.Filing Options:Federal: You can file using the IRS e-file system or tax software like TurboTax Business.Georgia State: You can file online at the Georgia Department of Revenue’s website.If you’re pressed for time, file for an extension to avoid penalties!
Michael Morrongiello
What Happens when a REVERSE Mortgage is MAXED OUT to the owners occupancy?
18 August 2024 | 4 replies
Yes if she has MAXED out the Reverse Mortgage Loan Advances and the property value is < LESS than what she owes (primarily due to poor upkeep and ongoing maintenance) - she gets NO More MOOLA $$ from the lender but then they may have trouble getting their loaned MOOLA E$$ back in the future IF or WHEN that time comes for her to go to that great BIG escrow in the sky.
Bryce Kennebeck
Creating a property management company to service my own property and I have question
17 August 2024 | 20 replies
The rental profits from your own property will be schedule E (lower tax), the profits from your property management company will be schedule C (higher tax).
Peter Mckernan
AB 1033 ADU in California Thoughts
18 August 2024 | 9 replies
Quote from @German E.: Hi all, following up on AB 1033, there was a lot of interest on this law at the end of 2023 but it's been crickets since then.
Cooper B.
Clarification on Right of Redemption in Alabama
20 August 2024 | 50 replies
(e) When any debtor or mortgagor conveys his interest in property subject to a mortgage prior to sale wherein they are released from liability for the debt, his right of redemption under this article is terminated.
Matt Giordano
Structuring a P.M.L Deal
16 August 2024 | 2 replies
Thanks Ned these are some great pointsEssentially by creating “terms”, you e can try to manipulate the payments so that they cover the expenses
Heather Szucs
Looking to buy a property in Colorado
16 August 2024 | 6 replies
@Heather SzucsI host a monthly meetup, as many have suggested networking is a great way to get started.Zeppelin stationThursday Aug 29th6-8pmJoin me at Real Estate Meetup | Short Term Rentals | House Hacking | Investment Properties https://meetu.ps/e/NnWvj/Q4Gbf/i
Aaron Vanderpool
Delinquent Landlord looking to offload ~100 units near downtown KC
16 August 2024 | 4 replies
Address(es): 801 Olive St, 2300 E 9th, 700 Olive St, all in Kansas City MO.Thanks in advance!
Jonathan Greene
The 5 Biggest Mistakes New Investors Are Making Here In The Forums
19 August 2024 | 244 replies
.: I'm not sure why you posted F R A G I L E, but "do you" whatever it means.