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28 September 2024 | 9 replies
If you do it yourself , you deduct the cost of materials .
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29 September 2024 | 2 replies
If the separating wall is a load bearing fire wall, it would have 2 sets of framing material on either side, essentially you have 2 completly independent houses joined by the roof, you can go in the attic and see if you see sheetrock going to the ridge of the roof.
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1 October 2024 | 12 replies
So they are not upset Like you saw with do hard money.. were folks had to pay 3k up front for their so called educational material..
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29 September 2024 | 12 replies
The house was a hoarder house and needed a large amount of work (Roof including plywood, facia boards, soffit, gutters, underground plumbing, outdoor deck, all windows, doors, flooring, bathrooms, half the sheetrock, retaining walls, etc.)
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30 September 2024 | 8 replies
., materials, labor, holding costs), and the net profit will be subject to both income tax and potentially self-employment tax.If you run lending as a business, then interest income changes to ordinary income.
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1 October 2024 | 23 replies
This investor over-leveraged, relying on appreciation and rent increases that likely never materialized.
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29 September 2024 | 6 replies
I've been saving a ton since I was last on here, and have invested a lot of time into learning material and networking.I'll definitely look into these resources you sent over to me.
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30 September 2024 | 12 replies
We are still dealing with national supply chain issues on certain materials which has driven up the cost of almost everything.
29 September 2024 | 4 replies
As far as learning the material; book work is a necessary step.
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26 September 2024 | 2 replies
Yes, you just need to write it into the lease or add an addendum stating that the driveway is not part of the lease and the owner retains use at all times.