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Results (10,000+)
Joseph Skoler Transfer real property from s-corp
20 May 2024 | 28 replies
A "reorganization took place, one of the families left the group in exchange for the insurance proceeds and the property then had 4 owners (and 4 cottages)2000:  I bought ($42,000) my parent's share.2000-2010:  I bought the other shareholder's shares (total $300,000), leaving just me as the sole shareholder2017:  Elected to file as S corp.None of these transactions were properly recorded.2022 1120S tax return (2023 is on extension) shows:$0 income$15,000 Land (sched L, line 12)$122k Loans from me($189K) Retained earning$93K cap stock($46k) Sched m-2I have no idea how we got to these amounts.Does any of this make things easier to understand and easier to get me out of this capital gains problem (or does it just muddy things even more)?
Malico Watson How do I secure a line of credit for new construction
18 May 2024 | 6 replies
Capacity is ability to execute and retained cash..
Sylvia Castellanos How do we get information about selling the properties we purchase?
19 May 2024 | 20 replies
Bruce, again, I want to thank you so very much for the time you have taken to make observations I need to be aware of.
James Bakun How does a foreign seller get their 15% FIRPTA withholding back?
17 May 2024 | 3 replies
I just have 2 questions:1) How can he eventually retain the "15% withheld" funds from the escrow account?
Jade S. Cardone Capital...anyone looked into this?
20 May 2024 | 177 replies
The more money he raises- the more deal flow he sees (network effect of commercial real estate investing).Saying all that- when you look at crowdfunding sites, like Crowdfund and Fundrise (2 I'm most familiar with)- there are some heavy hitters with deep track records doing deals on these platforms.Most commercial investors/developers don't have the platform Grant has- so they are leveraging these crowdfunding sites to raise capital and from my observation, seem to be doing well.For the record- I have not raised equity using the Crowdfunding route. 
Jason Weng Need good and responsive property manager
16 May 2024 | 6 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
Suzanne Reinbold Recommendations for property management company in Kent County Michigan
16 May 2024 | 9 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
Frank Barletta Is Syracuse, NY really a dump?? Maybe not.
16 May 2024 | 8 replies
There’s an observed increase in sales volumes and a moderate appreciation in house prices, coupled with a significant interest in affordable housing in the search data.Opt for cost-effective updates that improve structural integrity and aesthetic appeal, such as new fixtures, fresh paint, and updated kitchens and bathrooms.
Austin Weber Evaluating Quadplex deal
16 May 2024 | 18 replies
Hey Austin, This is a recurring challenge observed in certain multifamily markets, typically those with 5 or more units.
Robert Jones Investment advice on a house
15 May 2024 | 7 replies
Last, we assume 4% in sales commissions.Not a rule of thumb, but we’ve observed a typical rehab lately is around 15% or so of the ARV or more.