LaTonya Clark
Lender- 40 year loans
25 December 2024 | 30 replies
.$275000 with 25% down, taxes $4080, insurance is 3000 yr and rents is $3800 month, Water $400 mth.
Eamon Conheady
Do not use this lender!
26 December 2024 | 21 replies
His bank was in a state like Indiana, while one of his companies is in Wyoming, and just all sorts of weird sketchy stuff that accumulated over the period working with him.
Alicia Howard
RV Depreciation for 2024 taxes
15 January 2025 | 5 replies
Hi! I have a short term rental property. It's a 5th wheel located at a campground. It does not get moved. Will the RV be depreciated at 5 years or 27.5 years? I am unable to find anything giving me a for sure answer. ...
Luke Tetreault
2 years in, Growing Pains! What's the Strategy?
14 January 2025 | 9 replies
A lot of people get here and are looking to get bigger, but I think your pause is because you accumulated too much, too soon.
Arron Paulino
Potential Garage ADU
6 January 2025 | 5 replies
Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.
Michael Beirne
Section 8 BRRRR in Baltimore
11 January 2025 | 13 replies
It may not appear this way on the surface but you are going to come out ahead by focusing on purchasing fewer but quality assets rather than becoming a door accumulator.
Henry Clark
Carolina S.
Capital gains tax vs. 1031 exchange
21 December 2024 | 7 replies
It will have to be a pass through/disregarded LLC to keep the tax payer the same and the 1031 valid.
Rud Sev
High level of taxes for syndication
20 December 2024 | 20 replies
Would the federal tax liability be $140k at year 5 for the sale, with long term capital gains (ignoring any Net Investment Income Tax)?
Bob Asad
How do you prevent co-mingling of funds?
7 January 2025 | 24 replies
If it is an interest-bearing account, you will be giving the tenant 75% of the interest accumulated.