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13 November 2024 | 0 replies
I recommend that you learn the tax code and take ownership over your strategy.Not having some foundational knowledge and an opinion on how to approach taxes as a business owner is a huge mistake.In my experience, every single business owner who says "I just let my CPA worry about it and I focus on my business" is doing a suboptimal job at tax planning.They are likely missing out on 10s or hundreds of thousands in saved dollars every year.Stop making excuses and get to work.Just a few months of part-time learning about taxes will pay you for the rest of your career.
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12 November 2024 | 5 replies
You can also look on the city's website under their construction code.
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28 November 2024 | 184 replies
Quote from @Dongzi Wu: SEC Charges Self-Proclaimed 'Queen of Mobile Homes' and Three Salespeople with Fraud in Mobile Home Investment Scheme This is code for investors money is gone unless there is some bank account somewhere or there are assets.. these deals never end good.
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11 November 2024 | 20 replies
@Isadore Nelson I'm currently seeing 154 available rentals on Zillow in the 19119 zip-code, ugh... is exactly the wrong way to analyze a neighborhood, lets use the 19119 zip code for this exercise: Did you know the 19119 zip code is ~ 3.5 Square miles?
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11 November 2024 | 29 replies
Hey Arron,What zip code are your rentals in?
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15 November 2024 | 7 replies
We use accounting software that codes the income and expenses to the property (called a class) so we can run P&L;s on each property with ease.Your accountant and bookkeeper will also thank you later for keeping it simple and avoid significant accounting costs.
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15 November 2024 | 32 replies
Let me know if you have any questions for meWhat neighborhoods or zip codes in Columbus are best for appreciating SFR's that cash flow enough to pay for their own upkeep, and which attract solid tenants who stick around a good 5-7 years?
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14 November 2024 | 8 replies
But IF the property in question is in compliance with all code, and provides a safe and secure environment, all problems are timely addressed and corrected, and the property is maintained on a professional level, then the investor who has a large capital investment in the property should be entitled to enforce any contracts providing him with the agreed to cash flow.
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15 November 2024 | 7 replies
Second, the building code, IRC/IBC, defines a townhouse as zero lot line (zero setback) homes that are on their own separate parcels and share a common wall.
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15 November 2024 | 12 replies
It's possible what you have done on your own isn't even to code or done correctly so you could be losing value if you haven't been careful.It's great that you took action.