Vidit Maini
Starting my small business
2 January 2025 | 14 replies
@Vidit Maini Starting your business as an LLC taxed as a C corporation offers flexibility but involves double taxation unless you elect S corp status, allowing profits to pass through to your personal return.For tax savings, deduct startup costs, track business mileage or vehicle expenses, and consider a home office deduction.
Lisa Albright
Rehab personal home taking funds from rental property equity
13 January 2025 | 8 replies
Another option could be a home equity line of credit (HELOC) if you have enough equity in your primary or second home.
Henry Clark
Self Storage- Just Built, To Sell or Not
16 January 2025 | 6 replies
If you want to grow further sites, it will go better with financerelationships if you already have a track history and are in thebusiness.B.
Ram Gonzales
Creating a debt fund for owner finance strategy
15 January 2025 | 29 replies
The goal is for them to prove a track record of payments and leverage that to refinance with a traditional lender into a lower rate.
Ashley Snider
Hello! Starting on square one!
6 January 2025 | 11 replies
I'm also working on a Google Data Analyst certification to bring in some extra income while I'm home with our 19-month-old daughter.I'm still pretty new to this, though, and I'm not sure where to start or if I'm on the right track.
Joel Florek
31 units in 30 months at age 24, $70k Annual Cashflow
9 January 2025 | 116 replies
Yes, but the 3rd option is I pay the remaining seller note principle in cash via my own savings/lines of credit.
Tyler Speelman
Exploring Creative Solutions for Down Payment and Tax Avoidance
12 January 2025 | 13 replies
Take out an equity line of credit on the property that can be sides as the down payment for the primary residence.
Anade Davis
New Member Intro from Houston Texas and Florida
3 January 2025 | 7 replies
You're on a great track - best of luck and definitely utilize BP as much as possible!
John ONeill
Confessions of a First-Time Flipper: What I Wish I Knew Before I Started!
13 January 2025 | 11 replies
Maintaining a financial track record for your project is facilitated by effective budgeting.3.
Hellen Sut
Collecting unpaid rents after eviction
4 January 2025 | 9 replies
We normally do not seek judgement due to the expense that is involved, even after you win you have to continue to renew the judgement every year.We put them in collections and have it hit all three credit bureaus.