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Results (10,000+)
Ana Marie B. Advice on a Multiple Bid Scenario - Buyer Side
12 March 2018 | 6 replies
I've never encountered such low inventory in my life
Leon Henry Looking for some insight
9 March 2018 | 5 replies
Make sure your consider all opex and then create a capex schedule that will give you a rough idea of remaining life of capex and what their replacement costs will be.
Caleb Thompson Hello from the Adirondacks
9 March 2018 | 4 replies
Life changing.Thanks and greetings,Caleb<><
Kari D. Criteria for Cincinnati Ohio
5 August 2018 | 17 replies
I have lived in Cincinnati my entire life and there are some places that are a little rougher than others.
Sergio Rios Texas Client Wants Cash out refinance non-owner occupied property
9 March 2018 | 2 replies
No renters nothing.He just got married, mother is well life is great so he bought a new home two weeks ago.We discussed him renting out the old house.Cash out refinance.Market value is $100,000.Take $80,000 and buy another one in the same street.Questions:In Texas can you get 80% on a non-owner occupied property?
Sarah D. $300K and 18 months later- was our first BRRRR worth it?
9 March 2018 | 4 replies
And of course while we waited life kept us busy, units turned over, and we wrapped up some final improvements to the property we didn't get to in the first round.
Marc Izquierdo When to place in service
14 March 2018 | 7 replies
Two of the safe harbors that can help you deduct improvements are below:1) 2500 de minimis safe harbor.the safe harbor applies to amounts paid during the tax year to acquire or produce what the regs call a “unit of property” (UOP), you must meet these requirements: (1)you need to have written accounting procedures treating as an expense for non-tax purposes amounts paid for property costing less than a specified dollar amount (which will be 2500 for you), or with an economic useful life of 12 months or less;.(2) the taxpayer treats the amount paid for the property as an expense on its books and records in accordance with its accounting procedures. ( do this on your bookkeeping software or whatever you utilize)(3) the amount paid for the UOP doesn't exceed $2,500. as substantiated by the invoiceNote: The cost for the Unit of Property includes l additional costs (for example, delivery fees, installation services, or similar costs) if these additional costs are included on the same invoice with the property.2) Small taxpayer safe harbor: To be eligible for the safe harbor, the total amount of improvements for the property for the tax year may not exceed the lesser of $10,000 or2% of the property's unadjusted basis.If the total amount paid exceeds the safe harbor threshold, the safe harbor does not apply to any amounts spent during the tax year.
Saul Moreno Using Credit Card Debt To Invest
9 March 2018 | 13 replies
Not to beat a dead horse, but never do this, especially if you are low on funds, because it can easily spill over into other aspects of your life
Neil Oberkirch 22 years old -Good job - no credit built up
9 March 2018 | 2 replies
You will need a high credit score to be financially successful in life.
Cam Jimmy Borrowing from your 401k question!
9 March 2018 | 7 replies
@Cam Jimmy  I believe you can only borrow from the 401k where you're actively working.Keep in mind if you suddenly lose your job, or even if you want to change jobs, the amount borrowed becomes due and payable.