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10 February 2025 | 7 replies
Even more than credit, the more experience and capital you have, the more aggressive a lender is going to be.
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18 February 2025 | 9 replies
As you mentioned intentional flips are typically considered inventory-This means the income is ordinary income and as such: - Is not a capital gain, so hold time of 1 year does not change to a better long-term capital gain rate - Can not be invested in a QOF Deductions related to it can't be pushed or changed- all costs are accounted for with the inventory component
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31 January 2025 | 3 replies
However, the depreciation claimed while the property was a rental must be accounted for upon the future sale of the personal residence, which could increase your capital gains tax liability.The adjusted basis of the property (original cost minus depreciation) will be used to calculate gains or losses at the time of sale.
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4 February 2025 | 7 replies
Marie Poe...her account is deactivated, but a search may turn up some of her info if you search the name and someone mentioned her in their replies.
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22 February 2025 | 23 replies
Over months of working with her, I encountered severe issues, including:Lack of Communication & Accountability – Corina ignored multiple emails for weeks or even months, providing misleading or vague responses instead of real updates.
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21 February 2025 | 6 replies
Required good credit, adequate reserves, full doc commercial loan with a personal guarantee.
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22 February 2025 | 3 replies
Consult with an account representative at PadSplit to assess comparables and determine bedroom rental rates.
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21 February 2025 | 12 replies
What are you accounting for when you say out of state investing requires more capital?
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20 February 2025 | 8 replies
For financing, you might want to consider reaching out to local banks or credit unions.
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25 January 2025 | 24 replies
Is there a way I can "co-sign" with one of my parent's credit cards and be on their credit history in order to boost my credit score?