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12 February 2025 | 4 replies
Ultimately, you will need to have the borrowed funds in USD and ideally in your US business entity bank account to sail through underwriting with US lenders on US properties.Caveat: the rates will likely be something like 10-12% so it would not make sense on a long-term holding, more like on a down payment on a purchase and rehab value-add project that you will eventually sell (or cash-out refinance) to pay off the borrowed funds in a few months.
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7 February 2025 | 4 replies
It wasn’t an easy path—in 2014, I even filed for bankruptcy while trying to launch a business.
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22 January 2025 | 4 replies
If you’re In a title state make proof of utility pay off a condition of closing.
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12 February 2025 | 1 reply
I want to earn my clients business and if for some reason they decide the relationship isn't working then they should walk away (but don't leave your agent high and dry haha).Commission is completely negotiable.
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5 February 2025 | 0 replies
As small businesses, securing funding can be a real challenge.
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6 February 2025 | 13 replies
And in order to take them to a scrapyard, you have to have a title.
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8 February 2025 | 9 replies
You will get a ton more business, and their fees are easy to make up for...
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1 February 2025 | 1 reply
Does anyone have any ideas for some investing related side work or know of any investors that need some remote help with their business?
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18 February 2025 | 9 replies
However, you can reduce tax liability by:Converting the flip into a rental for at least a year, allowing for depreciation and potential 1031 exchange benefits when selling.Offsetting gains with deductions, such as accelerating business expenses or using cost segregation for rentals.Using an S-Corp for future flips to lower self-employment taxes while keeping rentals in an LLC for liability protection.Deferring deductions to 2025 if your 2024 taxable income is high.While a 1031 exchange isn’t an option for flips, strategic tax planning can help minimize taxes.This post does not create a CPA-Client relationship.
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7 February 2025 | 2 replies
I have called the office number dozens of times, but it always seems to be busy.