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21 January 2025 | 8 replies
She said to get some activity going in my account and we can revisit in a month to reapply.
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23 January 2025 | 8 replies
You'll typically need to set up your account and get familiar with the process of working with the local housing authority.
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23 January 2025 | 5 replies
Bonus if you do any of this in a Roth account.
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1 January 2025 | 13 replies
You can collect rent, do your banking (unlimited virtual accounts), and do your accounting.
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21 January 2025 | 1 reply
I recently came across 1 acre asking for 314k in a very good residential and growing location, so the current owner has added 4 manufactured homes with 4 electrical meters, 4 septic tanks and only 1 water meter for all 4 homes, the homes are sitting on partial slab and partial pier & beam, he also added 2 storage sheds approx. 380sqft with the intention to make them ADUs they are still only the shell so I would have to get those ready to live in, so currently the 4 manufactured homes are being rented and bringing in 2800k a month, 3 of the homes are needing some TLC which could increment rents and possibly get me at 3600k a month, also being a 1ac lot this still leaves about 12,000sqft of raw land where you could build etc.So that is on the good side now the things I did not like so much, the lay out is poorly executed to where it makes it looked crammed up and not professional but it could be fixed.Another is that in reality there is only 4 livable units so that qualifies under a conventional loan but since they're are 6 units on the property the banks are wanting to take it as a commercial so we would have to move out the 2 storage sheds out in order to close as conventional.Another concern, technically you are only allowed to have one manufactured house or single wide in your property according to what I know but I know it could change according to zoning which I will investigate, so my question is has all this been accounted for and if so how can I verify it so it wont leave me in a bind further down the road, I currently asked my agent for the appraisal of the property to see if that might verify.Any recommendations?
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22 January 2025 | 7 replies
With a larger organization like iintoo you'll likely be talking to an account manager that has been assigned to working with you.
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19 January 2025 | 42 replies
Proc. 2002-69, 2002-2 C.B. 831, for special rules applicable to husband and wife state law entities in community property states.I'm happy to answer or confirm any tax/accounting questions if you'd like
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10 February 2025 | 24 replies
My wife is always very aware of any charges on our account and that has saved us many times.
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27 January 2025 | 9 replies
She has some stock (maybe 50k), some retirement IRA of around 100k which I believe she has started to take and then maybe 20k in her savings account.
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26 January 2025 | 28 replies
Our first event may be geared toward beginners but I’d like to have discussions at all levels & all different topics.It will only be 40 minutes long max, because that’s what my Zoom account is set up for.See our announcement on Bigger Pockets here:https://www.biggerpockets.com/...I’ll be discussing some of the most common questions people have about real estate.