Dean Valadez
Bookkeeping and Cash Flow Questions
4 May 2024 | 28 replies
I DO NOT pay myself the excess.
Greg Teplansky
LLC or Business entity service companies
3 May 2024 | 4 replies
California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.
Zachary Schimenz
WARNING: Don't Use Ohio Cash Flow unless you want to lose thousands of dollars
8 May 2024 | 112 replies
.$25000 seems excessive for repairs.
Amit M.
How to expense/write off a huge water bill
2 May 2024 | 5 replies
I got the whole house re-piped and intend to cover the excess usage due to the leak.
Joshua S.
Velocity Banking / HELOC Checking Acct - It Works (Proof)
6 May 2024 | 76 replies
[Oh, and for those who just like owning their primary free and clear because they're scared to invest their excess income to actually increase their eventual wealth, just give your Lender extra "Principal-only" payments as often as deemed appropriate to the "velocity" you're trying to achieve.
Byron Paille
Own 2 homes free and clear wanting to scale.
2 May 2024 | 12 replies
A Heloc is a debt burden and add an extra tradeline to your credit which can cause higher DTI and excessive trade lines can drop scores.
Moises Salgado
How's it going?
1 May 2024 | 4 replies
California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.
Account Closed
CA Handyman (not Contractor) has started asking for $500 in Labor per job
2 May 2024 | 41 replies
Bids ranged from $912 (labor only) to $2,800 – well in excess of the $500 legal limit.
Alex Rozsa
What to calculate on a property to know if it is a good deal?
1 May 2024 | 2 replies
A robust rental market with low vacancies and excessive demand is good for house hacking, while historic belongings appreciation rates can upload to the overall return on funding.
Roseann Koefoed
Solo 401k for RE Investing
2 May 2024 | 9 replies
Excess business losses are capped for single individuals at $250,000 and for married individuals at $500,000, with any surplus being suspended and carried forward.