Eric Lunsford
Tax implications for a private lender
26 April 2024 | 18 replies
I know there are a lot of tax benefits and write offs associated with owning real estate that would be lost as a private lender, but can anyone tell me what to expect?
Faiz Kanash
Question about how Gross income should be reported on a flipping business...
26 April 2024 | 10 replies
These checks are after all closing fees and the remaining mortgages were paid off, meaning it's my profit.
Mica Moore
Self-manage or use a Property Manager?
27 April 2024 | 21 replies
.· The taxpayer works more than 100 hours in the business during the year, and no other staff works more hours than the taxpayer.Hiring a property management company, therefore, effectively off-loads the primary work from the landlord, allowing for the income generated by the investment to remain passive and lower tax rates than active income.
Tyler Todhunter
Has anyone found a replacement for Mint?
26 April 2024 | 8 replies
I'm glad you're liking it so far, I've run into the same thing with clients where the HELOC sort of throws things off.
Robert Barbu
Real estate Strategies With a 10%+ Return
26 April 2024 | 4 replies
So if you make 10% the first year on $1 of equity (so 1.1x your money), you need to make 10% off the 1.1x starting point (so 1.1*1.1 = 1.21x) to maintain a 10% average CAGR across the two years.In your example, if the $800 per month is after interest, then you made a 38% return (CAGR) for that year ($800*12/$25,000).
Thomas Talbert
Need some BIGGG Tax Breaks
26 April 2024 | 12 replies
Within that time frame the business's revenue has grown significantly and has outran my tax write-offs from buying the company.
Damian Johnson
How to attain and stay within the investor mindset
26 April 2024 | 3 replies
As an entrepreneur, there is not such a clean off button.
Parker C. Snow
Need a hard money lender asap for $65k
26 April 2024 | 2 replies
I have the opportunity to buy an off market double wide manufactured home for half of market value, but because it was built prior to 1976 I can’t get anyone to lend on it.
Derk Timothy Gray
What to do with it???
26 April 2024 | 4 replies
I mean this thing is getting ready to blast off and I'm still learning what shape blocks go in which shaped holes!!
Aaron Kaplan
very short term capital needs for 4-6months ...
26 April 2024 | 3 replies
Hello folks in Lending forum,looking to try and see about potential lending partners who can write large checks (7 figures) and are looking for very high yield (much higher vs private lending rates) and higher than HML rates.only need lending for 4-6months until large line of credit gets granted and we pay off the short term note.ping me if worth a conversation or have ideas...this seems perfect for a family office just wanting to place dry powder for 4-6mos while they are looking for other deal flow but trying see about other options out there as well.thanks in advance.