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7 December 2024 | 9 replies
.- Getting under contract and then reducing the price because of findings is common, but major reductions are likely to tick off the seller unless you have strong justification.
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17 December 2024 | 16 replies
This reduces my rate without buying it down.
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12 December 2024 | 3 replies
If they refuse to pay you that amount, or reduce the purchase price by that amount, then you can decide whether you want to move forward with the purchase or not.I suspect it's not a large amount, so there's no need to make this a big issue.
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11 December 2024 | 0 replies
For those managing active income streams—like wholesaling, flipping, or even running a real estate business—filing as an S-Corp can significantly reduce self-employment taxes.
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15 December 2024 | 10 replies
Adding a lead filter may reduce/eliminate lead content, but they are still going to replace the pipe.
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7 December 2024 | 7 replies
It might help you avoid penalties if the IRS goes after you later.You can claim the labor expenses even without 1099s, but you will technically be in non-compliance.
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10 December 2024 | 1 reply
Hi There-Some feedback would be great- Do you Sell the house yourself or do you engage another Realtor to do the sale and keep it at arms length in order to reduce any liability?
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17 December 2024 | 20 replies
A cash purchase, added to my portfolio, reduces my levergage ratio on my real estate portfolio, but does not bring it to zero of course as I am not paying off existing low rate mortgages on rentals.
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12 December 2024 | 9 replies
., rental income reduces or we got laid off), is it a good move?
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11 December 2024 | 6 replies
The labor it takes to renovate 1000 square-foot property is typically the same depending on the finishes whether the house is going to be worth 500 K or 200 K.