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18 November 2024 | 6 replies
The strategy involves using the HELOC for a flip to generate fast cash, reinvesting profits into long-term rentals, or exploring alternative ventures like short-term rentals or partnerships.
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19 November 2024 | 5 replies
The LLC will not have any employees and won’t conduct business or generate income in CA.
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13 November 2024 | 8 replies
I recall quotes in 2018 for all equipment for less than $150k.
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21 November 2024 | 12 replies
You may also be able to turn the property into a syndication and generate extra cash by listing it on a platform like lofty.ai
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17 November 2024 | 1 reply
The problem is the HOA doesn't allow VRBO rentals, only year long leases so I wasn't able to generate cash with this property.
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19 November 2024 | 5 replies
@Eugene Lubman Selling the property to your parents allows them to generate passive income while enabling you to perform a 1031 exchange to defer capital gains taxes.
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22 November 2024 | 24 replies
They’ll take the design plans and generate them easily.
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13 November 2024 | 7 replies
A builder’s risk policy is also worth exploring, as it can protect the property, materials, and equipment during your restoration work.
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19 November 2024 | 11 replies
While an SDIRA will have UBIT on leveraged real estate, a solo 401k is exempt from UDFI (unrelated debt finance income) generated UBIT.
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18 November 2024 | 11 replies
If their credit history is sufficiently long to generate a reasonable score for them then the credit score tells you the answer!