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8 January 2025 | 6 replies
Right now the only utility at the garage is power so basically I am starting with a frame and a roof.
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9 January 2025 | 9 replies
Hey Tim, Under IRS Publication 523, as a military member on qualified extended duty, you benefit from an extension of the “2 out of 5 years” rule to “2 out of the last 10 years” for excluding capital gains on the sale of a primary residence.
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13 January 2025 | 5 replies
Unlike conventional loans that typically require a 12 month seasoning period, DSCR loans have no such requirement, making it much easier for investors to scale their portfolios.I’ve included an article below that outlines how DSCR loans can be utilized in BRRRR strategies.Also, I noticed you’re based in Florida, I’m in Tampa.
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29 December 2024 | 2 replies
Would love to hear your applications and utilize them within my business.
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8 January 2025 | 10 replies
Pay your utilities out of this account, and after the month has ended, you can distribute your cash flow from this account to your reserve account and your personal checking account.
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12 January 2025 | 7 replies
We have a few parks and we utilize both options.
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15 January 2025 | 11 replies
I hope to never need the umbrella insurance, but it provides peace of mind that I have extensive coverage.
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13 January 2025 | 6 replies
This protects against potential claims and liabilities specific to the rental.For tax purposes, maintain clear records of rental-related income and expenses, allowing deductions for insurance, utilities, maintenance, and depreciation proportionate to the rental unit.
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10 January 2025 | 23 replies
In a short verse, I don't have the numbers :( but in general I just don't know if what I want to do in the long run which is BRRRR would be a good idea if I start with utilizing a VA LOAN for a duplex to begin with.
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20 February 2025 | 114 replies
I'm fairly bullish on the sector.I qualify for the CARES Act penalty free 401k withdrawal and I plan to fully utilize this.