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7 January 2025 | 5 replies
By 2030, we want to have grown a portfolio of over 100 units, created a property management company that manages an additional 100-200 units, and, finally (and most importantly), we will have established a non-profit that is focused on quality, affordable housing that specializes in providing housing and resources at/on the "services cliff" alongside financial counseling and first-time home buyer education in our target area.Our target area is the Springfield, MA and Hartford, CT areas with dreams to expand to Central Massachusetts (Worcester, MA), Southern New Hampshire (Nashua, NH), and Southern Connecticut (New Haven, CT).Would love to meet up with likeminded individuals in our area!
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9 January 2025 | 21 replies
One last thing – we recommended you create a Status column on your spreadsheet, now we’ll explain why.
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12 January 2025 | 2 replies
.- If you decide to have an LLC for each property, creating a Management LLC that all the other LLCs "hire" to run their books, will allow you to only require a bank accont for the Management LLC.2) You may not be able to do a Trust.
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13 January 2025 | 21 replies
If I'm flipping, my discount needs to be deep to create a spread.
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15 January 2025 | 10 replies
Without new companies creating similar-paying replacement jobs, workers may have to settle for lower-paying service sector positions.
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26 January 2025 | 14 replies
I really think that this woman would create accusations or problems with neighbors with a dog.
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13 January 2025 | 7 replies
Section 179 deductions may apply to assets directly supporting your business, excluding personal-use components.This post does not create a CPA-Client relationship.
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12 January 2025 | 7 replies
If they work independently, set their schedule, and use their resources, they might qualify as a 1099 contractor, but misclassification risks IRS penalties.Wages for W-2 employees and payments to 1099 contractors are both deductible business expenses, but compliance is key.This post does not create a CPA-Client relationship.
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7 February 2025 | 40 replies
@Jamie BatemanIf I understand what they do- it looms like they are just a middle man where someone wants financing on a property they find a lender for it and will create documentation.
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13 January 2025 | 5 replies
It all depends on the work you/your clients want to do to create value and the overall game plan.