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8 May 2018 | 8 replies
Personally I find having identical decor in both baths confusing.
30 April 2020 | 4 replies
Learning all of these tips and tricks is what makes it fun in my opinion.My scenario is this: -was in process of buying 3 unit multi from boss-got denied FHA bc he was my boss and also seller of property (identity of interest)-bought the house (actually, got paid) to buy the house with a portfolio loan -am currently house hacking that 3 unit multifamilyMy question is..Am I still able to qualify for an FHA loan with 3.5% down?
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26 August 2021 | 34 replies
Place an identical 4 bedroom house compared to a 4 bedroom house a block from the ocean and the ocean property will generate more gross income.
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27 July 2018 | 124 replies
(Identical 6 family building, but also has 10, 1 car garages in the rear lot.)
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26 September 2017 | 9 replies
While the property's NOI is identical in B and C, B is a decision that economically rational people would take on, whereas C would not make logical sense (as far as I can tell, but again, no experience).
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20 November 2017 | 5 replies
Don't pierce the corporate Veil: This can occur if the entity either is poorly capitalized.Inadequate Initial funding of the entityor fails to maintain a separate identity from its owners ( using the business bank account for business purchases, maintaining separate books) Conversion of entities Assets for Personal Benefit:Another factor that poses a risk of piercing the corporate veil is the draining of entities assets (such as payments of large salaries to shareholder-employees) that leaves the entity with inadequate resources to pay its debts.Also, you should get a good Insurance.
16 July 2018 | 2 replies
There are 4 more 4 plex's for sale on the same street that are identical.
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10 February 2022 | 6 replies
And I tried Google AdWords as well as paid listings in Scotsman’s Guides and other directories.I have come to realize that their was no coordination in what I was doing, no central branding identity, and as a result I was probably leaving a lot of money on the table.IMO the thing you don’t want to do is go with these “solutions in a bottle” online ad agencies; they’ll sign you to a 12 month program at $8,000 a month.
10 December 2023 | 50 replies
Just to check, I copied and pasted some of the questions in to the free version of ChatGPT 3.5, and I got back answers that included nearly identical responses.Here is an example from an answer that the CPA replying to this thread posted:Congratulations on your house hack!
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7 December 2023 | 2 replies
Be mindful of the wash-sale rule, which may limit your ability to claim a loss if you repurchase a substantially identical security within 30 days.Qualified Opportunity Zones (QOZ): While you mentioned this briefly, it's worth noting that investing in Qualified Opportunity Zones can provide a deferral of capital gains until a later date.It's crucial to consult with a tax professional who can assess your specific financial situation and provide guidance on the most effective strategies to minimize your tax liability, considering both real estate and stock transactions.