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4 May 2024 | 8 replies
That new flat screen 60 inch TV you need for "zoom calls" might be a write off if your actually using it for zoom calls.
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4 May 2024 | 4 replies
It's a bit like getting your sale proceeds as a series of smaller checks instead of one big one.Cost Segregation: This is more about saving on taxes for the property you're buying next, rather than the one you're selling.
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3 May 2024 | 3 replies
Crowdfunding - our commercial loans are syndicated through a series LLC with each series being a single loan.
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9 May 2024 | 159 replies
You can quit your job and live of REI, but it takes on average 10 years of throwing everything you have in time, money and energy into this endeavor.I quit my W2 in 2015 and learned very quickly that you can watch only so much daytime TV.
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3 May 2024 | 4 replies
You do not need a separate LLC for each property or a series LLC!
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4 May 2024 | 14 replies
As long as it's a standard sized bedroom big enough for a queen bed, dresser, closet and TV it will be sufficient.You have a lot of things going for you with this property.
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3 May 2024 | 14 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
2 May 2024 | 8 replies
Once you have a modern system I highly recommend the Honeywell 9000 series wifi thermostats!
2 May 2024 | 41 replies
Even if you pay $300 labor and 150 materials each time, but the work is continuous, it can still be considered as series contracts (one contract after another within a period apart, even if you do 1-3 day a week/month, as long as it has a pattern, it could be considered as such), remember that CSLB and CA are pro workers (particularly with workers compensation), you don't want to mess with them just like you don't want to mess with IRS.