Manny Pascual
New Real Estate Investor
12 March 2024 | 6 replies
Be sure you understand the tax benefits and the errors that are often made that limit those tax benefits or come back to bite.
Walt Viera
New Member starting late with little
13 March 2024 | 28 replies
Factor in ALL expenses like property taxes, insurance, repairs, maintenance, vacancy rates, and potential property management fees.2.
Sole Angel
What are some loans that don’t require 2 years of work history?
12 March 2024 | 24 replies
You don't need to show income history or tax statements to qualify.
AS Chow
Know A Good DST Company ?
12 March 2024 | 29 replies
DST providers/literature often cite that though the return is low, when combined with the tax deferred benefit, it’s better than selling an asset, paying the capital gains, and reinvesting in a normal syndication.
Agustin Rossi
Fees for Rental units
10 March 2024 | 5 replies
I charge $30 for the entire thing, so it's certainly not a money maker.My policy is that application fees are not refundable, period.
Kyle Kline
Financing Options for BRRRR Method?
13 March 2024 | 11 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
John Ciallella
Can I buy in my name and transfer to LLC?
13 March 2024 | 17 replies
You are making almost everyone more complicated and expensive regarding banking and tax preparation.
Noah Clark
NY/NJ Newbie and CPA Advice
13 March 2024 | 13 replies
Correct, CPA license outside of Accounting/Assurance/Tax/Consulting won't mean much.
Danielle Cage
1st Time Owner - New Leases & Non Pmt
11 March 2024 | 16 replies
Essentially they're a letter the seller puts together for each tenant stating the basics - whether they have a lease (and its termination date) or if they are month to month, what they pay each month and whether they're current on those payments, whether they have a security deposit (and if so, how much), whether they have a pet (and its breed, name, & age), whether they pay extra for that pet or have a pet deposit you'll have to refund, etc.
Kristy Sue Haines
Hoarder home to rental
12 March 2024 | 0 replies
She covered attorney fees, closing costs, title and paid up the property tax through the end of last year.