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23 September 2024 | 3 replies
Hey there @Elias Ramirez - Congrats for hopping in the forums and getting your first post up!
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17 September 2024 | 8 replies
I am reaching out to see if thier are other like minded investors or contractors that would like to discuss partnering up for real estate flipping.
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23 September 2024 | 3 replies
There also could be malicious attachments or links that work to steal your login information or infect your computer.Here are some ways that you can protect yourself and your clients.Stay up-to-date on IRS Communications: If you receive any communication from the IRS, ensure it is coming through a verifiable channel.
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24 September 2024 | 4 replies
If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.
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25 September 2024 | 9 replies
As @Chris Seveney points out above, often the income winds up being ordinary and subject to SE tax.
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14 September 2024 | 6 replies
If it is a regular rental, draw up paperwork that clearly outlines how much money they lent you, when it will be paid back and how much (eg if you buy a house for $400K and 10 years later they move out and it sells for $500K-do they get a percentage of the profit (after taxes and costs)?
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20 September 2024 | 4 replies
Access to Capital: Fix and flip projects require significant upfront capital - not just for the property purchase, but also for renovation costs.
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18 September 2024 | 5 replies
For something like an ADU it's surely going to be cost prohibitive.If you want to buy a cheaper property with your 1031 that has the ability to put an ADU on the lot.
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18 September 2024 | 15 replies
We’re close to 1% less and at less costs too!
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23 September 2024 | 2 replies
Once you have the LLC set up with the DCCA, you can just record a quitclaim deed with any escrow company, no lawyer necessary except to draft the deed.