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29 February 2024 | 9 replies
Both states have fill in the blank on line forms that take about 15 minutes to fill out, instructions are provided, and the resultant Articles of Organization are state approved.
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1 March 2024 | 140 replies
It just totally depends (as has been said) what your tolerance is for getting involved.
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1 March 2024 | 28 replies
Primary Residence, $0 capital gain tax per kid or spouse up to $250,000 each or $500,000 total.
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29 February 2024 | 10 replies
See example below: DSCR < 1 Principal + Interest = $1,700 Taxes = $350 Insurance = $100 Association Dues = $50 Total PITIA = $2200 Rent = $2000 DSCR = Rent/PITIA = 2000/2200 = 0.91 Since the DSCR is 0.91, we know the expenses are greater than the income of the property.
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29 February 2024 | 6 replies
Since filing is open for the IRS do it online digitally.
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1 March 2024 | 40 replies
However, not all financial institutions/401k plans offer this, it is usually about 50% of the total asset value, and there may be a fee.
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29 February 2024 | 8 replies
We usually pay $80-90 total.
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29 February 2024 | 8 replies
This could be through finding ways to increase the rent on your existing properties, taking on additional work, or finding other income streams.Reducing your current debt levels can also improve your DTI ratio.Improve Your Credit Score.Look into various financial institutions, including community banks, credit unions, and online lenders, which may have different criteria or offer programs for investors.Since portfolio lenders retain their loans in their own portfolios rather than selling them on the secondary market, they are able to provide greater flexibility.
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28 February 2024 | 9 replies
@Devin Aikens I have 20 units and 5 more under renovation coming online soon.