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Results (10,000+)
Arie Guerra Tax Law and Financial/RE Planning
18 June 2024 | 4 replies
So, I have no idea how much money I owe for 2023&2024, how much money is actually mine, how to take advantage of tax deductions/credits/RE professional Status/ renovation costs/perform a cost segregation, if I really need a wealth manager at this point and how to take out my retirement investment and move it to a mutual fund I run independently.My ultimate goal: create systems for my corps to run smoothly and optimize business-related expenses,  keep my books up-to-date for both corps so I know my input/output, pay quarterly taxes throughout the year, give myself a modest monthly income and  continue to preserve/build wealth and grow my RE PORTFOLIO!
John Velez Real estate is the best passive income for your portfolio
17 June 2024 | 0 replies
Purchase price: $115,000 Cash invested: $35,000 Sale price: $240,000 Move in ready, fully renovated townhouse, 2 bedrooms with 2 1/2 bathrooms and ample closet space including walk-in closets in each master bedroom.
Adam Taylor Thoughts on Sensitivity Tables and Equity Multiple Figures
17 June 2024 | 8 replies
Remember when it rains it pours... in other words, occupancy will dip and in conjunction with higher expenses and lower/flat rents so its not just one metric moving
Eddie Fernandez My first purchase on Paperstac
18 June 2024 | 17 replies
There should be an alert or something informing each party something is required before moving on to the next step.  
Neetu Patil About tenant is not paying rent and stop comunicating
17 June 2024 | 4 replies
I can't believe how many owners go for months with no communication and no payments, and then they eventually find out the tenant moved away, and the rental is sitting empty.
Yu Xiao buy a home, build a DADU, sell both units after DADU complete, tax saving strategy?
17 June 2024 | 3 replies
Or like @Bill Hampton said, explore Delaware Statutory Trusts or NNN commercial properties if you want to move into a more passive role.
Edgar Gonzalez Using Home Equity for Real Estate Investment
17 June 2024 | 9 replies
We no issues closing in an LLC, as a matter of fact most of my lenders will prefer it (assuming it is not your primary residence)Assuming it is not your primary residence, the easiest way to do this deal would be through a DSCR Loans.A DSCR Loan will use current rents or market rents if the property is vacant and personal tax return from you would NOT be required.It also referred to as a No Ratio Loan because your personal Debt To Income is not important.What is important is that the property can pay for itself.If we keep the LTV Low the rate for this loan can be better than a conventional loan.If you ARE Living in the property and you want to keep it... it would mostly depend on how motivated you are and how willing you'd be to "postpone gratification"The best bet is still a DSCR Loan.. which means you moving and renting the property out.We can bring in Asset Based Financing that can help with cash down (if you need it) or to pay cash for another property for you to reside in.Once you're moved out we can do the DSCR Loan at a 70% - 80% LTV or we can calculate a comfortable cash flow number.For example, max cash out that will give you $500 cashflow after a full PITI payment.Let's discuss more!
Jazzous Anderson Separating Utilities Among Tenants
14 June 2024 | 14 replies
I am currently living in the main house, but will soon be moving in the upcoming summer due to another purchase.
Robert Tinker RV and boat storage
16 June 2024 | 23 replies
Pull through- The front, pull as far forward aspossible, gives the person next to you an easier angle to turn into,from behind you.