26 March 2024 | 8 replies
Hello, my question is in regards to Texas Franchise Tax: I formed my LLC in 2023, as a Series LLS (4 properties), Is all rent received from the 4 rentals added together and submitted as one business income or is it broke out individually and filed by each rental?

26 March 2024 | 4 replies
Any help is greatly appreciated.Thanks,Correy Rental ADUsFor-Sale ADUs1shall be affordable, including an allowance for utilities, at a rent that does not exceed:shall be affordable at an affordable housing cost that does not exceed:Very Low Incomehouseholds30 percent of 50 percent of the area median income, as adjusted for family size appropriate for the unit.30 percent of 50 percent of the area median income, as adjusted for family size appropriate for the unit.Low Incomehouseholds30 percent of 60 percent of the area median income, as adjusted for family size appropriate for the unit.30 percent of 70 percent of the area median income, as adjusted for family size appropriate for the unit.Moderate Incomehouseholds30 percent of 110 percent of the area median income, as adjusted for family size appropriate for the unit.35 percent of 110 percent of the area median income, as adjusted for family size appropriate for the unit.

24 March 2024 | 2 replies
I know I can use some of the expected rent from a property for my DTI but I'm just curious to see if there is any advice someone can give me since my income is very low.

26 March 2024 | 1 reply
Hello,I currently make a solid income and own a STR that is doing extremely well (30% COCR).

26 March 2024 | 40 replies
Toledo has been all the income I will need, just takes a decade of re-investing the income before you are at a point of asking how much monthly income is enough.

25 March 2024 | 2 replies
Hi. I've loved and followed BP for over a decade now. I've started in real estate I 2009 as a salesperson, and later a real estate broker managing 110 units for client landlords. By 2015 I had enough capital to buy my...

27 March 2024 | 5 replies
However, they dont want to be anywhere near the loan or title because they dont want any lawsuit liability from my STR.With my income and credit score, the terms for DSCR loans or conventional investment are not good.They own their primary residence in cash and its value is around 2 million.

26 March 2024 | 8 replies
Census data - median household income, employment stats, bachelors degree percentages, crime, vacancy rates, appreciation2.

26 March 2024 | 5 replies
I then have my Chase Business Account linked to Stessa so it will import the payments and still run all the features that I like (Tracking Rental Income, P/L statements, Tax form simple print outs) because it will sync with my Chase Business account.Would love some advice from previous owners and users of Stessa.

27 March 2024 | 2 replies
Census data - median household income, employment stats, bachelors degree percentages, crime, vacancy rates, appreciation2.