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20 January 2025 | 31 replies
I've opened two additional LLC's with them since I last posted here.
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12 January 2025 | 54 replies
Great use of space and provides additional income to offset the monthly payment.Orlando, and many other cities, have a "missing middle" problem in regards to housing.
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27 January 2025 | 18 replies
*Older systems contained insulation with additives that may oxidize copper wire.
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9 January 2025 | 15 replies
The loan officer didn't care about the LLC, just said there would be additional papers to sign.
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4 January 2025 | 20 replies
.* Additional Charges: Jenny requested that I deposit on her checking account an additional $20-25k for her to purchase furniture, which I refused because I thought it was very strange, opting to give my card # instead.* Work Quality: Jenny never showed up to the house, she sent 2 people instead, she never mentioned she would not show up herself, she never asked for approval to send two others instead, they did not complete the job, and there were multiple unauthorized charges on my card.* Receipts and Expenses: Once I brought to Jenny's attention that we were 20k above budget, she refused for days to give me the receipts, saying that I needed to give her my credit card statement first.
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6 January 2025 | 5 replies
I would appreciate any insights and additional things I may be missing.
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6 January 2025 | 2 replies
Keep existing and add an additional -~2000 sq feet 3.
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10 January 2025 | 4 replies
In hindsight I probably should have gotten an additional HVAC-specific inspection and tested the measurements for the actual washer/dryer space.
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3 January 2025 | 4 replies
There will likely be a partnership return required where you flipped a house with a partner and lost $120,000.If you sold the other property within the same partnership, it will also be reported on that partnership return.The net result to you is that you will receive a K-1 showing your income / loss which you then use to report on your individual return.If you made no money within the same year, you likely pay no additional taxes / get no additional refund.Best of luck.
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6 January 2025 | 8 replies
Additionally in terms of a GP/ LP relationship, would preference of LPs create the same dynamic in choosing one GP/Sponsor investment over another, if all technicals and numbers are the similar between two investment?