Ben Stavrowsky
Developing two units as STR's
16 January 2025 | 2 replies
I leveraged my owned land to build my personal home.
Andrey Shostak
What kinds of calculators would people find useful?
12 January 2025 | 7 replies
This is one of the best personal finance calculators I have seen. https://docs.google.com/spreadsheets/d/1oC4gdK5gXIPjyEFTgo3g...
John Reagan Johnson
Switched to a Property Manager
22 January 2025 | 9 replies
The 5-10 it gets heavier and a lot busier, and 10-15-20 it really is untenable to self-manage especially if this is not you main business like a person buying their own rentals and building it like a small business.
Nicholas Bourgeois
Advice and potential connections for new investor moving to Destin/FWB
11 January 2025 | 4 replies
I've done this personally and have helped a bunch of other investors do the same.
Account Closed
PM needs ss#
22 January 2025 | 14 replies
- Of course, most of these PMCs weren't even properly licensed and were typically one-person companies.If you have an LLC, the PMC will only need the LLCs EIN.- If you chose to set up your LLC as a pass-thru entity, then you will need to supply your SSN.FYI - to avoid getting nasty letters from the IRS about errors (which might cause us to be audited), we will ask for a copy of your EIN assignment letter or a copy of your SSN card to confirm those numbers.
Sebastien Tinsley
Looking to begin my journey into REI
13 January 2025 | 45 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
Clifford Pereira
Real Estate Professional (REP) Status guidance
31 January 2025 | 12 replies
You can’t use the property personally for more than 14 days or 10% of days rented, whichever is more.
Robert A. Coloma
Anyone dealt with a company LOANGUYS?
20 January 2025 | 62 replies
Matt that is the NMLS number for the company not for you personally sounds like your a VA or something not a licensed lender..
Donald DiBuono
Best Mailer Companies
9 January 2025 | 5 replies
It can be personally designed post cards or it can be letters.
Nicholas Woo
what are your thoughts using Anderson advisors?
21 January 2025 | 31 replies
With enough knowledge you can make a educated decision on which approach you take.My experience:I personally don't sign up for any program who take you aside during events and try to sell packages that is just blatant sales strategy.Once you sign up there is every attempt to make you sign for their programs for bookkeeping, registered agent, LLC or corp setup fee which have ridiculous even with platinum membership.Basic standard structure they suggest to take advantage of multiple deductions can be easily achieved by proper education or work with a good firm like https://wcginc.com who is local to you.A umbrella C-crop to manage all other LLC properties and take advantage of many tax deductions that are not available with a llc, its also used to take losses up to 100K as startup expenses and dissolve the entity after few years.Few LLC entities for investing in Real Estate, etc preferably in Wyoming or Nevada ( you can find many companies online who can do this for $150 compared to anderson $1500-$3000) , they will claim they have a secret Operating agreement which is bogus.They certainly try to take advantage of tax loopholes and claim to be smart people, my view they are just taking advantage of numbers as per their own statements.