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13 November 2024 | 0 replies
I recommend that you learn the tax code and take ownership over your strategy.Not having some foundational knowledge and an opinion on how to approach taxes as a business owner is a huge mistake.In my experience, every single business owner who says "I just let my CPA worry about it and I focus on my business" is doing a suboptimal job at tax planning.They are likely missing out on 10s or hundreds of thousands in saved dollars every year.Stop making excuses and get to work.Just a few months of part-time learning about taxes will pay you for the rest of your career.
18 November 2024 | 1 reply
If your place is uninhabitable, tenants can end the lease or withhold rent until it’s livable, but I like to keep things friendly by offering a temporary rent reduction or helping them find a short-term solution.
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13 November 2024 | 4 replies
Quote from @Pat Arneson: Quote from @Mitch Messer:Quote from @Pat Arneson:I've read a few old posts regarding this topic and have those documents in order, but I still have the following questions regarding a private loan (from family) --Loan Documents for Purchase -1.
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9 November 2024 | 5 replies
This deal would be $275,000 with the owner holding 80% of the loan for 5 years.
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12 November 2024 | 0 replies
My First Duplex back in 2010 What made you interested in investing in this type of deal?
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23 November 2024 | 1 reply
What made you interested in investing in this type of deal?
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13 November 2024 | 5 replies
Quote from @Miguel Del Mazo: I just set up a new listing on FF today, and I asked myself the same question.
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14 November 2024 | 2 replies
Quote from @Ryan Konen: Congrats on the judgment!
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7 November 2024 | 51 replies
Again this is just based on my research.
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16 November 2024 | 7 replies
I want to be able to borrow against this somehow to give me capital to work on some other development plans that I have.Anyone have any advice on how best to pursue this?