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12 January 2021 | 5 replies
There are plenty of non-REIT buyers who would be interested in the end product described above.
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11 January 2021 | 3 replies
Getting the cash/equity out and reinvesting it returns it to a 5 to 1 value...which is increasing you net worth exponentially, instead of linear which is the way you described.
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11 January 2021 | 4 replies
Such plans are exactly what you describe; still a tax sheltered retirement plan, but with the ability for the plan to invest more broadly than just the stock market.
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12 January 2021 | 3 replies
Prepaid personal taxes need to account for the profits from the S-corp, since they are taxed personally to you, not the corporation.So, by April 15th, you need to be able to estimate your S-corp profits for a good estimation of your future tax liability, but you don't have to actually file your personal taxes, only make a payment.I hope this clarifies the sequence of events described by @Basit Siddiqi.You will only need to file an amended tax return if you rush and actually file your personal tax return on April 15, before your S-corp taxes are finalized.
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11 January 2021 | 38 replies
But what you just described sounds more like below and to the bottom.Good luck!!
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19 January 2021 | 52 replies
What Ahmed is describing is called a monopoly where they try to control an entire market, aka the real estate market.
12 January 2021 | 18 replies
Based on what you described (tenant paying absolutely nothing), you didn’t have to wait this long.
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10 January 2021 | 5 replies
I am looking for advice based on my current situation described below:I have been in the military for 18 years and I will be retiring in two.
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13 January 2021 | 7 replies
.- A good park owner would only allow you to flip the homes, not rent them so plan to sell your rehabs- title issues are rampant with vacant mobile homes and sorting that out can be a PITA and expensive in some instances.Not to discourage you but the days of Lonnie Deals are over as he describes them in his book, not saying it can't be done but to do it legally and be compliant, requires a bit more rigor and working closely with your park owner and a licensed MLO/NMLS lender who can process and fund loans to your buyers.
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17 January 2021 | 24 replies
It may be a little farther west from what you described above but there are still neighborhoods here in that price range, especially if you are willing to put some work into it.