
20 March 2024 | 8 replies
No serious, legit, high-end GCs will allow you to get materials...it's not how this is done.

19 March 2024 | 6 replies
This could include reporting expenses, depreciation, and other relevant information.Filing a tax return allows you to take advantage of any available deductions or credits that could offset other income or reduce your tax liability in future years.

19 March 2024 | 12 replies
Travel nurses have housing allowance correct?

19 March 2024 | 24 replies
For context I make 80k at my W2 job, so it allows some room for investment savings, but nothing crazy.

19 March 2024 | 5 replies
John,I am not sure I see the major benefit of that conversion and just as an FYI you cannot put the title or change the vesting to an LLC unless your Bank/Lender allows.

19 March 2024 | 5 replies
This is where you report negative income amounts, including NOLs.Calculate the NOL Deduction: The NOL deduction allows you to carry the loss forward to future tax years to offset taxable income.

19 March 2024 | 19 replies
Heavy rehabs or rehabs that are bigger than the purchase cost range from not allowed to case by case to no issues, so all over the board on that issue.

20 March 2024 | 16 replies
In a chapter 13, the debtor is required to submit a chapter 13 plan that proposes a repayment plan over a term of 3 to 5 years and allows the debtor to restructure debts or other obligations.

19 March 2024 | 22 replies
The IRS will not allow you to pay yourself to manage your own property regardless of how creative you get setting up your business entities.

19 March 2024 | 16 replies
Some loans are "assumable" and allow them to be transferred with a sale.