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18 May 2018 | 7 replies
So there are multiple benefits to contacting the listing agent directly, 1 I don't flood my agent with petty questions, 2 It is much quicker to ask the questions that are missing from the listing. 3 I can tailor specific questions per property. 4 There is no back and forth which limits misunderstandings.
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18 May 2018 | 1 reply
With the strong possibility of hard money funding and need for a large down payment, initial budgeting is limited.
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18 May 2018 | 0 replies
I'm interested in flipping, and duplex rentals , but not limited too.
21 May 2018 | 9 replies
@Brendan Barry LLC provides personal asset protection,and limited liability for business debt.
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24 May 2018 | 8 replies
In the more rural areas, prices are obviously cheaper, but they have there own issues such as fluctuating demand because of oil/coal booms and busts, limited selection of tenants and property managers, etc.
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19 May 2018 | 1 reply
I believe Portland and other cities are considering similar measures wherein you must have very, very good reasons for not renewing a tenant.
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20 May 2018 | 5 replies
@Michael Pitsos I'm assuming your home is where you've put in your profile and according to the VA Loan Limits for BARTOW COUNTY, GA for a one unit home (SFR) is $453,100 and $580,150 for a two-unit so depending on how much you bought your primary home for you'll need to subtract that from the max limit and the remainder should still be available to utilize.
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21 May 2018 | 4 replies
As long as you have access to a lender after your 10 conventional loans, the only thing limiting you is your ability to find deals.
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19 May 2018 | 5 replies
I'm neither a lawyer nor an accountant, but I recommend Googling "closely held corporation" and then asking your tax accountant how, if any, the proposed idea might impact your overall tax situation (https://www.irs.gov/faqs/small-business-self-employed-other-business/entities/entities-5: A closely held corporation is subject to additional limitations in the tax treatment of items such as passive activity losses, at-risk rules, and compensation paid to corporate officers.).I've read that when two closely held corporations owned by the same small group of shareholders do business with each other, the IRS sees a red flag because some people try using this approach to evade taxes.From my readings of personal finance articles, this additional scrutiny is based on whether there is an "arms length" between the two parties in a transaction.
19 May 2018 | 0 replies
If I’m a general partner/sponsor of a syndication, can I control how much depreciation is given to investors/limited partners?