Brandan Roland
Calculating My Potential Profits
20 December 2018 | 3 replies
I didn't see your expected timeline (at $44/day interest) or ARV, so extra hard to estimate profits.Be sure to reduce your ARV 10% for realtors and closing costs and after-inspection concessions.Be sure to account for your silent tax partners- 1) Uncle Sam federal taxes & FICA SE taxes, and 2) Your state dept of rev taxes, if any.
Jimmy O'Connor
A Breakdown of Philadelphia Neighborhoods and Values
7 June 2023 | 68 replies
Majority of South Philly-Newbold (19146/45), Point Breeze (19146/45), Wharton/ Dickinson Narrows (19147/48)Brewerytown (19121)True Temple - 11th to 19th, Cecil B Moore to Diamond, most investors may be stuck on Broad-18th(19121/19122) West Oak Lane Closer to Cheltenham Ave (19126)Port Richmond SE of Aramingo, SW of Allegheny Ave (19134)East Kenzo (19125)/Old Kenzo (1923)/Norris Square (19123/33)W Mt.
MJ Sauer
Sale of Land in an S Corp
29 March 2023 | 3 replies
I may do a 1031 exchange but the capital gains rates are low right now and I can most likely make money with some of the cash and use some for some capital improvement projects as I am mainly mortgage free at this point.The income that is not subject to SE taxes might be subject to SE taxes via payroll requirement if you run this transaction in your S-corp.
Ben Leybovich
Why Is Everyone So Afraid of New Construction in Multifamily?
20 January 2020 | 22 replies
That said, we don't model any market appreciation per se at all.
T Giddens
Should I buy a vehicle under business LLC?
14 February 2021 | 32 replies
Our eldest SE daughter leases & deducts it using a % for business breakdown & has done so for 5 years.
Ben Rutkevitz
Paradigm Life, Infinite Banking, Whole Life Insurance
10 January 2023 | 134 replies
which "Paycheck parking" all your money back into the policy to pay off the loan although most ppl only use it for big ticket items like cars or big vacations, education etc. this goes for WL or IULFor Maximum Cash Value your really not trying to use the policy as a "bank OR DEATH INSURANCE " per se but infact you design the policy to give you Maximum Cash Value to be withdrawn TAX FREE in retirement there are three fights going on in this financial product space 1 is the WL vs IUL debate (which is pointless they both have +'s and -'s ) really comes down to risk level.2 is Should you be using your WL / IUL policy as a bank (inf or BYOB or 7702 acct) or for Tax free income during your Retirement years.3 Which is MY argument ...Why can't you have BOTH WL IUL why cant I use my WL / IUL for inf banking and Tax free income in retirement ...the answer is YOU CAN!!!!
Alexander Krasuski
Looking for Class A-B neighborhood around Phoenix
26 March 2019 | 7 replies
I'm a bit partial to the SE Valley suburbs of Chandler, Gilbert, QueenCreek and San Tan Valley.
Rich Becker
Seeking Long Island network
6 April 2017 | 50 replies
Michael Poat Hi Mike-I love the SBU idea-actually is one of my favorite investing locations on LI for the main reason of foreign (mainly SE Asian) students coming over for room and board.
Jared Trindade
Real Estate Market in Greensboro NC
17 April 2023 | 7 replies
For more reading and sources:https://fred.stlouisfed.org/se...https://www.census.gov/quickfa...https://censusreporter.org/pro...https://datausa.io/profile/geo...https://worldpopulationreview....https://datausa.io/profile/uni...https://www.realtor.com/reales...https://www.redfin.com/city/71...https://www.greensboro-nc.gov/...https://www.greensboro-nc.gov/...https://www.greensboro-nc.gov/...https://www.greensboro-nc.gov/...https://www.neighborhoodscout....https://www.greensboro-nc.gov/...https://user-kcmpnye.cld.bz/20...https://www.greensboro-nc.gov/...https://livingcost.org/cost/un...
Edgar Perez
Can I have my own LLC manage property owned in my personal name?
15 August 2020 | 41 replies
And a pro se plaintiff may not understand how to file a lawsuit at all and may just sue the LLC rather than the owner.