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2 February 2024 | 14 replies
I love self directed accounts but they are not going to be much help here.
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3 February 2024 | 86 replies
As others said, some of this could be tied to the glut of product coming online in many markets.
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31 January 2024 | 1 reply
For subject to, do I simply switch the bank account from which the funds are drawn?
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2 February 2024 | 18 replies
And, please do an online search on the pros and cons of having a sauna in a rental property...it's very telling.
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31 January 2024 | 5 replies
Hi Jason,Here's a few things I'd be mindful of:Separate Personal and Business Finances - get an EIN, open business bank account and use it exclusively for businessMaintain Documentation - keep records of all business transactions and contractsComply with Legal Formalities and Tax Regulation - adhere to all state specific regulationsIn terms of the STR and LTR, it's generally recommended to put them under an LLC by transferring ownership or quitclaiming.
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1 February 2024 | 9 replies
thanks Steven, i hope the higher recent rates don't trigger a recession, people already having tough time with inflated prices, and consumer is very strong but worry part of that strength could be artificial from the 1 trillion still in their bank accounts from the stimi-checks, which is falling fast
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1 February 2024 | 10 replies
Utilize online platforms, social media, and your professional network to reach potential tenants.Financial Planning: Ensure you have a solid financial plan in place.
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1 February 2024 | 0 replies
I want to open 2 bank accounts tracking the income and expenses of 75% ownership of 2 houses, and the same for the 50% ownership of the other.
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1 February 2024 | 7 replies
And DO check out their pictures and reviews online.
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1 February 2024 | 3 replies
At this point I think you need to wait 6 months before asking him for money from his retirement account if the goal is to pay as little tax as possible.