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4 August 2017 | 35 replies
For instance l, you can net $5,000 but due to depreciation show a net loss for tax purposes of $1,000.That's why I love rental real estate.
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30 July 2017 | 13 replies
What year/decade do you draw the line on investment purposes?
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6 July 2017 | 13 replies
You have done your search already, pick the right one for pre-qualification purpose and later on compare rate and closing cost with other lenders.
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21 January 2018 | 6 replies
Flexibility on purpose what you can use funds for.Other options are to save in regular mutual funds contributing on a monthly basis- taking advantage if dollar- cost averaging..You may want to talk to one of the financial planners.
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14 July 2017 | 19 replies
Skip the LLC unless you need it for commercial loan purposes or you have a true company operating at a large scale.
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2 November 2015 | 5 replies
If the purpose of being a Brokerage is to save money on your own transactions, you will need a lot of transactions to cost justify it.Your personal presence is based on having a Brokerage and a Closing Agent who understand doing business with Investors.
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13 November 2015 | 2 replies
@Leron Horn - The purpose of portfolio loans is that they don't have to meet current FNMA guidelines for conforming loans - so each bank sets their own guidelines when keeping loans on the books.FNMA guidelines stipulate that you don't have to be employed at your current job for 2 years, but you have to be employed in the same type of position / industry for 2 years.
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8 May 2016 | 3 replies
They should be vented to the exterior otherwise they only serve the purpose of being a coarse particulate filter and do little for the air quality within the premises.In the IBC/IRC and building code in many, if not most, jurisdictions range hoods must be vented to the outdoors.
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28 August 2019 | 11 replies
would a house hacker be considered a real estate professional for tax purposes?
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22 May 2018 | 24 replies
The purpose of an LLC is to create a legal barrier between your assets and its assets.