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26 January 2025 | 1 reply
Improve your credit and financials so lenders are willing to take a chance on you.
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10 February 2025 | 9 replies
I have been living where i am now since 2022 I don’t want to ever sell it because its in a good location and it has potential to be a great rental investment i just don’t want to lose my interest rate by leaving and renting it out i have heard that your mortgage can be called due by doing that.
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12 February 2025 | 2 replies
Hi my names Jordan, really coming here to potentially get in contact with people who have been or are in similar situations.
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16 January 2025 | 12 replies
When filing the LLC return, it is important to ensure that these liabilities are accurately reflected on the balance sheet.However, it's essential to note that distributing the refinance proceeds among LLC members could potentially be viewed as a taxable event if there is no intent to repay these amounts to the LLC.
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31 January 2025 | 11 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.
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1 February 2025 | 13 replies
.: Quote from @Robert Ellis: Quote from @Brandon Blackmon: Hello BP Community,I want to start flipping homes in my market, and potentially out of state, and I want to know how to budget for a General Contractor.
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24 January 2025 | 6 replies
I would make sure financially you have a good base and then connect with a local agent
9 January 2025 | 0 replies
As firefighters persist in battling the blazes, many residents are left assessing their financial and emotional losses.
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17 January 2025 | 24 replies
@Tina ArtigliereReach out to @Bernard Reisz (ReSure Financial) and/or @Dmitriy Fomichenko (Sense Financial)
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22 January 2025 | 4 replies
Quote from @Devin James: Im currently learning this lesson with New Builds that have taken twice as long to complete than anticipated.....Finishing a Real Estate project ASAP is critical because...1) Holding Costs add up quickly- Loan Interest- Property Taxes- Insurance2) Investor Capital- Our financial projections are dependent on how fast we can turn our investors capital.