Tar-U-Way Bright
How could I use my LLC
24 December 2024 | 14 replies
As long as you keep track of everything and report correctly you should be good to go.I'm always in the camp to Keep It Simple Stupid when it comes to running stuff through LLCs until you hit a certain critical mass of assets and/or income.Hope this helps!
NA Hirsch
Soft Pull Credit Report
13 December 2024 | 3 replies
I need something simple that I could utilize today.Thanks you will not be able to get something today. in order to pull credit typically you must have a background check done on you and the company will also come visit your office and confirm you have specific security policies and procedures in place.
Debra Gross
LLC buying property in Ohio,
19 December 2024 | 5 replies
Does someone have a simple form to do this?
Louisa Seales
In a Slump!
19 December 2024 | 6 replies
That could be as simple as changing the description to highlight how close your units are to the refinery as opposed to just the college.
Ryan Sajdera
Is leasehold property a good idea?
20 December 2024 | 3 replies
It’s a good idea to confirm you have a path to record title in a way that’s financeable, even though this isn’t a standard fee-simple sale.The big question is whether it’s reasonable to pay a market-rate price when you’re not actually scooping up the land.
Ben O'Neill
How to calculate ROI with multiple loans on purchase property?
19 December 2024 | 5 replies
You could supliment this by creating a simple spreadsheet to track your total cash flow, including your mortgage and 401k loan payments.
Adam F.
Anyone have experiencing using a quit claim in Chicago?
19 December 2024 | 12 replies
@Martin Nesta this is super simple to do.
Rud Sev
High level of taxes for syndication
20 December 2024 | 20 replies
I could not find the answer I'm looking for when searching.The following example could be used:- Amount invested $100k- Preferred return (5 years): 8% or $8k- Disposition (Sale) (Year 5): $200kThis simple example assumes no cash flow beyond the preferred return, no cost segregation/bonus segregation, and doesn't take depreciation into account.Would the first 5 years of cash flow (preferred return) not be taxed, and only the remaining amount on the disposition would be taxed (e.g. $200k - $100k + 5 * $8k = $140k)?
Celine Li
"Which out-of-state cities are good for investing now?"
16 December 2024 | 23 replies
It's literally everywhere, 98.7% of places.
Blake Grzybowski
Can't find Pre-Foreclosure Properties
15 December 2024 | 8 replies
Nice and simple. 1 document 1 search per county and FL access to data is very good (open free searches, docs available without charge to view).