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6 February 2025 | 5 replies
but if i go in a LLC with them i get hit with the tax from the sale of the homeThe GC and the flipper were just going to split the profits from the sale of the home and they were going to pay me 2%/12% for the duration of the build.
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4 February 2025 | 24 replies
Expect to keep paying.
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5 February 2025 | 29 replies
So the turnkey company has made 50k on their flip without needing to pay realtor fees of 6%.
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5 February 2025 | 6 replies
:)As for LTR rental terms, usually we sign a 1 year lease where tenants are expected to pay Electric and Gas if applicable, while the owner typically pays water/sewer/trash with the city.
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21 February 2025 | 10 replies
Then they have to sign a W-9 before we'll pay them.So, we've never had to deal with illegals, etc.
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26 February 2025 | 4 replies
My opinion is the fees you pay do not make sense.
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26 February 2025 | 5 replies
That's not as good as paying the 20% capital gains tax and the 3.8% net investment income tax.
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18 February 2025 | 2 replies
Right now you have $1,000 in cash flow that can be used to fund other projects (seed money), pay you in profit to supplement your lifestyle, or fill in any gaps for underperforming properties.
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7 February 2025 | 10 replies
One year ago, I was hired to help a landlord whose tenant had stopped paying.
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12 February 2025 | 0 replies
One of our residents was robbed outside of this property and we ended up paying for the resident to move out and sold this property.