
18 June 2020 | 10 replies
We still have very affordable housing compared to many other big metro areas, no state income tax, big corporate money investing here(cruise lines, space program, tourism/hotels, lots of infrastructure projects for many years to come, lots of tech/medical growth.

13 June 2020 | 7 replies
It sounds as though you/prior owner basically pierced your own corporate veil.

6 June 2020 | 5 replies
So if it's a syndication, then it is likely strutured as a Partnership or Corporation that is reported under "PART II" of your "SCHEDULE E" on your personal returns.

11 June 2020 | 28 replies
And if you've set it up as a legal entity, you risk what they call "piercing the corporate veil" which is when a judge rules that your company doesn't really exist because you mixed your funds.If you have just the one property I would suggest learning the ropes of basic bookkeeping for it.

8 June 2020 | 2 replies
Most people I know have gotten their mortgages through a bank, not a broker.From my analysis, it seems one can make more money working for a bank when starting out due to the logo helping you a lot with establishing trust, but in the long term if you can network yourself correctly there is more potential working in a brokerage.
1 September 2020 | 4 replies
You can 100% use borrowed funds for rental property down payments (people do it all the time with HELOCs), it must simply be secured borrowed funds, not a credit card or credit card equivalent (that's the difference between a HELOC and a credit card, and it remains true if your HELOC bank gives you a card with the Visa logo on it that draws on the HELOC).
29 August 2021 | 6 replies
Every nonresident property owner shall appoint and continuously maintain an agent who (i) if such agent is an individual, is a resident of the Commonwealth, or if such agent is a corporation, limited liability company, partnership, or other entity, is authorized to transact business in the Commonwealth and (ii) maintains a business office within the Commonwealth.

9 June 2020 | 2 replies
The economy was growing at a steady but not insane rate, corporate earnings were up, worker incomes were rising, unemployment was the lowest it has been in a long time, and demand for new housing was accelerating.Then the Govt decided in it's wisdom that we all needed to stay home for 2-3 months, and in exchange they dumped a pile of money onto the economy and into private citizen's bank accounts.All this to say, we have no clue what's going to happen with the market.

10 June 2020 | 1 reply
You could follow corporate news and see where big business is putting in their next big location.

6 August 2020 | 5 replies
@Dustin PetersIf you are self-employed with no full-time employees (even though you have a separate w-2 job), you would be eligible to establish a self-directed Solo 401k.You could then make contributions to the Solo 401k from your self-employment income (i.e. w-2 income when your business is taxed as an S-corporation, 1099-misc income if you are a sole proprietor).If your plan allows for it, you can make pre-tax, Roth (or even additional voluntary after-tax) contributions.Contributions can be made as both employee and employer contributions (since you wear both hats):The employee contribution limit is 100% of your w-2 wages up to $19,500 (or an additional $6,500 if you are 50 or older) provided that you are not making employee contributions to another plan (e.g. if you have a day job with a 401k plan).