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9 November 2022 | 15 replies
Do a mock 1040 schedule E to see how you stand and while at it, figure out your principal paydown and get a 3% inflation number.
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12 January 2022 | 0 replies
We gave our selves 6 months to complete so it will hopefully be on schedule and finished by April 2022 Lessons learned?
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13 October 2010 | 18 replies
Thanks for taking time out of your schedule to guide me along, I really appreciate it.
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31 May 2012 | 19 replies
I don't have a lot of free time in my day to day schedule to wholesale full time.
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6 November 2012 | 3 replies
I have a client who has identified a space they want to move their company too. The
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5 January 2013 | 19 replies
I deduct the taxes (average $25k/year) on Schedule C.
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5 January 2013 | 12 replies
Also buying homes scheduled to be torn down.
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5 January 2013 | 9 replies
We've found that most of the landlord owners that we deal with don't want us to let their tenant know that they're trying to sell the house for obvious reasons.They tell us to tell the tenants that we're insurance agents, and the whole nine, to keep from alarming the tenants.This can become an issue, as with each subsequent time that we have to show up at the property for a showing, the tenant gets more and more suspicious...Either that, or they get increasingly more and more harder to work with to schedule showings, etc.What do you do to make things go at least as smooth as possible in these situations?
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30 January 2013 | 6 replies
The reason I say this is you already have the property in an LLC and you can easily create a mortgage with what is currently owed even if you choose to pay it off.You can loan your LLC the money to pay it off and it can pay you interest; however, if your LLC is treated as a disregarded entity and is on your Schedule E of your tax return there is no point in charging it interest.There is no point unless the LLC holding the property is taxed as a C-corporation.A Quit claim deed is for transferring a property from one name to another.