Daniel Madhavapallil
House Hacking and Tax Strategies
23 January 2025 | 11 replies
Keep track of 3 buckets.1) Owner occupied portion - potential deductions for schedule A2) Tenant occupied portion - potential deductions for schedule E3) Jointly occupied portion - likely prorated for both schedules.There are nuances to this, so I recommend looking for a tax pro who can coach you on this.
Christopher Morris
Is Relying on Cash Flow Feasible?
21 January 2025 | 59 replies
So it's not just enough $ to attract, but to also KEEP.
Johnny Lynum
Multifamily vs. Single-Family—What’s Your Take?
17 January 2025 | 20 replies
Luxury vinyl floors, no carpet means quick turn arounds.
Ike Okwerekwu
Property Manager Referrals
27 January 2025 | 7 replies
And what I mean is the business is not profitable until you add at lease 100 doors.
John Lasher
How is the market where you are?
28 January 2025 | 8 replies
got out of flipping to new construction in our market in columbus ohio. licensed general contractor. when interest rates got high single family existing went down by 30% new builds sold at a 6% increase that year which demonstrated the desire and premium that new construction commands. never looking back. total control, rinse and repeat. we can get permits in 28 days. we can buy land cash in 21 days. we can build in 120 days to 140 days and keep moving. super scalable and easy and no risk. we build the same 2-3 Floorplans
Curtis Cutler
cashing in 401k? rethinking retirement.
27 January 2025 | 9 replies
Then keep $30,000 in reserves in a hysa for emergencies.
Scott Trench
Can Someone Please Explain Why A "Wholesaler" Would NOT Get Licensed?
18 January 2025 | 13 replies
Keeping it CasualIf you only find toys once in a while, you might not want to open a full-on toy shop.
Ricardo Lemus
The rent does not cover all
19 January 2025 | 10 replies
Negative CF, which is what you are describing, means you are buying your property, and making no money in the process.
James Wise
Failed Leadership is why California is on fire.
23 January 2025 | 165 replies
That's awesome, keep it going bro.