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4 February 2025 | 9 replies
If transferring the property to an LLC, be mindful of the due-on-sale clause, and note that an LLC itself does not offer tax savings unless electing S-Corp status, which is rare for rentals.To maximize tax benefits, consider cost segregation, bonus depreciation, and short-term rental (STR) strategies, which could allow you to offset W-2 income if structured properly.
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3 February 2025 | 1 reply
I offered her before this event to move out and honor deposit back even contract building is 6months lease also wafted some negotiation with HoA they offered to move her to alternative unit.
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26 January 2025 | 7 replies
Focus on long-term guests, like corporate clients staying 30+ days, because it’s easier and brings steady income.
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17 January 2025 | 21 replies
Short of coming here and meeting face to face with them and come to a couple local REIA events to discuss, for those who are remote I would suggest getting into some of the NE Ohio REIA facebook groups to get some advice from locals.
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12 February 2025 | 0 replies
Here is a short video the city created.
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21 January 2025 | 3 replies
Hard money loans can be an option, but they often come with high-interest rates and short repayment terms.
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12 February 2025 | 20 replies
Lucy: your story shows that setting up a loan is more than just interest rate and other terms.
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29 January 2025 | 27 replies
We are out of state but would be open to working with someone local if they can offer favorable terms.2) Any local realtors you have worked with and been happy with?
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11 February 2025 | 4 replies
To make a long story short.
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13 January 2025 | 13 replies
What about rate and term refinancing?