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5 March 2019 | 6 replies
Any tips on how we can get them to consider letting us start the lease in May?
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24 March 2019 | 8 replies
Also dont get over your ski tips.. your taking a junior position and as such you should make VERY Big interest like 20% or higher. or part of the profit.. because in essance your person is doing the deal with no skin in the game cash wise.. what happens in a water landing.. and the first goes into foreclosure can you stroke and check and pay the first off.
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28 March 2019 | 6 replies
Scott offered this as a tip in the BiggerPockets Podcast episode 311 - 6 Rules for Investing in Real Estate in the Coming Economic Shift https://www.biggerpockets.com/renewsblog/biggerpoc...Glad to see another investor in Montana on the forums @Andrew Schrader.
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7 March 2019 | 5 replies
I travel fly into a ton of cities every other week and picked up a tip from an Anthony Chara workshop awhile back.
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6 March 2019 | 9 replies
OMG, a long list, @Joshua Thompson.Schedules C with zero income and large expenses, particularly interest, taxes, and repairsFlips reported at gross profit instead of full selling price minus cost of goods soldFlips reported as short-term capital transactions on Schedule DSchedules E with zero income and large expensesSchedules E with repairs several times higher than the rentMissing depreciationLosses from rental properties or K1s not showing up on 1040 (not always a mistake, but often is)All expenses grouped into some $40,000 "miscellaneous business expenses"Missing deduction for use of a business vehiclethere are another 20-30 very common errors and oversights, soon to include the missing 20% QBI deduction.
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10 March 2019 | 7 replies
Additionally any tips or suggestions for new investors in the Columbus area are appreciated!
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14 March 2019 | 5 replies
Are there any similar tips you all have picked up on this topic?
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6 March 2019 | 2 replies
Following, would love someone to let me into their world and share all these tips and tricks.
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27 March 2019 | 1 reply
As a small time RE investor (two properties), I'm thinking it just makes the most sense to 'shift' some of the deductions I used to enter on a Sched A over to the Sched E because of the new rules/deductions with the Tax Cut & Jobs Act.
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11 November 2019 | 2 replies
Are there any tips/tricks to get into real estate with high loan balances and credit card debt?