David Mile
WHAT IS A 1031 EXCHANGE AND HOW DOES IT WORK?
16 December 2024 | 2 replies
All of the revenue from the deferred tax and depreciation recapture go into your pocket.
Shaheen Ahmed
Property taxes on rentals
18 December 2024 | 15 replies
If the property is making money - and I mean really generating good cash flow - then those taxes are just another line item in your budget.
Brian Bailey
STR Rental @ $356k Purchase / $56k Annual rental income - 90% LTV DSCR Options?
15 December 2024 | 5 replies
Looking for a high LTV DSCR option given this property should reasonably be priced nearer to or upwards of $425k given the cash flow its generating.
Jacob Thorpe
Criminals, transients, convicts, burglary, fraud, deception, manipulation, squatting
28 December 2024 | 8 replies
I wanted to build up his team, I wanted to help bring him work, I wanted to help in sales and lead generating and buy into his companies LLC.. but even that was fraudulently represented as In the beginning he had represented himself as someone who had a team in house around 60 people, with vehicles, trailers, tools, lawnmowers, weed wackers, nail guns.. the works.
Mario Morales
If I have 3 properties (9 doors), How Will Lenders look at my Income
14 December 2024 | 6 replies
I have a W-2 Job and 3 properties, what is the minimum amount of profit or income should my properties generate for the year for a lender to consider me worthy of a loan, all things being equal.
Travis A.
Title: Sell or Rent? Advice Needed on Historic Home in Northern Virginia
17 December 2024 | 6 replies
You need to look at return on equity, how much cash flow can be generated putting your equity to work vs the cash flow this property will produce.
Peter W.
Housing Hacking with Second Home Mortgages
20 December 2024 | 5 replies
They chose a second home loan for their beachside property but later realized that refinancing as an investment loan was more advantageous when they started generating consistent rental income.
Hussain Harun
Switching FROM Quickbooks to other accounting sofwares (Xero, Freshbooks)
15 December 2024 | 25 replies
And those also only have a limited ability at best to generate a balance sheet, which you generally want to include on a 1065 return.came here looking for answers to exactly this question, and David is correct re: why.
James McGovern
How to unlock opportunity for 108 Acres in Carlisle South Carolina
15 December 2024 | 12 replies
Not enough people to generate the demand to sell enough houses for that size property and not enough people for a factory or something to come to because they wouldn't be able to get enough employees from the surrounding areas.Is that a good hunting area?
Brett Jurgens
Best way to use built up equity?
22 December 2024 | 23 replies
Hey Brett -If you're happy with your rental in Denver and it's generating solid cash flow, a 1031 exchange could help you defer taxes if you want to reinvest in another property.