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3 August 2020 | 2 replies
The rate is fixed at all time lows and your deductions are off a closed end mortgage rate on the schedule E regardless.
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29 August 2020 | 5 replies
@Cynthia OrtizNormally your investment in a syndication does not impact your tax return so it would be interesting to see how it was reported on your tax return and why the underwriters are having an issue with it.Passive losses from syndications normally can only be offset with other passive income or when you exit the syndication.They normally show up on schedule E but won't flow to the front of the return.
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4 August 2020 | 8 replies
Well, see if you can get I&E and figure some performance metrics like CapRates, Cash-Cash, GRM, etc.Worst case, figure a $/SqFt - Which is actually pretty consistent, simple and easily verifiable.Then get comps and compare those to figure a market price and if you can make money.
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4 August 2020 | 0 replies
This is to create a structure of business based on the E-myth that gets me, the technician out of the way, that allows an entrepreneurial mindset of the four hour work week and start living, with a philosophy that aligns with think and grow rich; success in any endeavor can be achieved through mental visualization, imagination and harnessing the power of your own mind.So if anyone happens to know anyone in the central east coast area of Florida I would love to hear from them.
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5 August 2020 | 4 replies
I e used Zillow for years and I too have been happy with it.
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4 August 2020 | 1 reply
@Bob E. thank you for the insight on how to approach investors and business professionals.
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5 August 2020 | 5 replies
But should you ever need to talk or e-mail just reach out.
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5 August 2020 | 8 replies
An appraisal usually matters most to lenders.If the PSA has a clause like "property must meet or beat appraisal" or "contingent on financing rate/terms acceptable to buyer" then you may have an out.If not and you've got a p***-poor buyer broker, then if you want out, the E/M (again READ THE PSA) may be in jeopardy of being surrendered if the buyer walks.
5 August 2020 | 1 reply
Would now be a good time to buy real estate, or just wait for t h e market to go down further?