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11 May 2020 | 10 replies
Kinda weird that for 2018 taxes I had 7-8 K-1 partnerships and the QBI with multiple columns thing didn't happen.I just don't know if it would be better to pursue the software and wait on the phone for the H&R reps, or just find a CPA to do taxes (both of which would probably take a long time) as I would need to send all my Excel spreadsheets with my individual rentals, depreciation schedules, etc.I was looking for a CPA that could do my taxes (single filer no LLCs), and provide periodic tax strategy to me throughout the year to save me on taxes.. for about $1000-2000 per year.
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9 May 2020 | 2 replies
The highest predictors of goal achievement are the 80/20 activities that are identified and codified into individual actions and tracked fanatically.Discipline 3: Keep a Compelling ScoreboardPeople and teams play differently when they are keeping score, and the right kind of scoreboards motivate the players to win.Discipline 4: Create a Cadence of AccountabilityEach team engages in a simple weekly process that highlights successes, analyzes failures, and course-corrects as necessary, creating the ultimate performance-management system.One of the keys to a successful remote work structure is excellent communication.
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9 May 2020 | 4 replies
The equity growth will create great opportunities for you and over time, you'll be able to create excellent cash flow as well.
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15 May 2020 | 6 replies
those 2 that have pissed you off.. or that one guy (me) that is credible polite respectful and NOT DESPERATE?
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13 May 2020 | 1 reply
Hello everyone, Long story short...1.1 million dollar property, considered single family unit, two separate units, 1 garage 1st individual invested $437,000; average credit2nd individual invested $70,000; excellent creditTogether, they split the mortgage and other expenses (property tax, insurance, etc...) 50/50 How would you properly prepare a T.I.C. for this kind of scenario?
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10 May 2020 | 3 replies
As for credit, it was excellent a year ago when I bought my personal home 740+, but I'd be willing to guess it's probably dropped to around 700ish due to increased credit utilization as a result of not working for medical reasons.
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13 May 2020 | 7 replies
Then I make an excel spreadsheet listing store name, amount, date and project columns so I can sort them in any order I need and then tally the results.
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12 May 2020 | 16 replies
Turn key can be an excellent way to get in to a cash flow property and if you're objective is cash flow and you plan to hold the property long term, I wouldn't worry too much about short term value fluctuations.
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14 May 2020 | 12 replies
Aside from real estate, I am a marketing data analyst leveraging SQL, excel, and powerbi to provide data insights in my job on a daily basis; an avid traveler; a CrossFit junkie; a loyal sports fan; and a loving husband.
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12 May 2020 | 41 replies
@Todd Powell excellent information on how you used HELOC for built your RE portfolio.