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26 March 2024 | 9 replies
When you add all this up depending on the size of the loan that can be the $20k right there.
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26 March 2024 | 4 replies
It’s important to highlight several key restrictions that apply to the Affordable ADU:No Related Renters: The Affordable ADU cannot be occupied or leased to the owner, any relatives (by blood or marriage) of the owner, anyone employed by the owner, or anyone connected to any entities involved in ownership of the property.Student Dependents: The Affordable ADU may not be leased to student dependents, as defined in the U.S.
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26 March 2024 | 10 replies
Interesting idea, but I doubt that will happen, depending on what condo complex it is and he probably wouldn't like the interest rate.
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26 March 2024 | 34 replies
He is saying that if you want to invest in STR, do it because you think it's a good way to make money or because you want to diversify your assets, but don't do it just for the cost seg tax savings.The key point to remember is that yes you can get the bonus depreciation right away, and depending on your W2 income amount, you can skip paying tax for the first 3 or 4 years.
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25 March 2024 | 3 replies
Before choosing a turnkey service/company, I'd use the search feature here to find past posts like this one where members share their experiences.I am a big fan of creating and following standard operating procedures in my business.
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27 March 2024 | 14 replies
It definitely depends on what you might be looking to do though whether that makes sense.
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26 March 2024 | 6 replies
This allowance does have a phase out related to your income, so it would vary depending on you and your wife's specific circumstance.
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26 March 2024 | 7 replies
Yes you can get higher rents with section 8.It depends on the applicant and sometimes they don't qualify for the max HUD rent.I have 4 section 8 properties and it has been good to me.
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25 March 2024 | 11 replies
The employees are dependent on your ability to get jobs (probably distressed deals), making offers, and keeping the train moving.
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26 March 2024 | 6 replies
Depending on his “abilities,” you can get his forwarding address by following the law that actually applies to both parties here:ORC Section 5321.16 (B) “… The tenant shall provide the landlord in writing with a forwarding address or new address to which the written notice and amount due from the landlord may be sent.