Melanie Baldridge
Be aware of the taxes.
14 October 2024 | 1 reply
You’re going to pay this entity more money than anyone else in your life.If you're successful, that could mean that you will pay them millions over the course of your business career.So who is “this entity?”
Punith Shetty
Help Regarding EIN/LLC
7 October 2024 | 3 replies
This is how the rental income is reported on their personal tax return."
Dan Fritschen
Bringing in tic partner
21 October 2024 | 5 replies
I have a rental home and another person wants to invest $100k and become tic and share in costs profits etc when I receive this money does the irs consider it a sale of the property and taxable or an investment and n’ont taxable?
Matthew M.
1st purchase - CoC disappearing, probably a mediocre deal now
22 October 2024 | 0 replies
This is my first purchase.
Maureese Jones
Any suggestion for a lender
21 October 2024 | 2 replies
If the borrower just needs 50% LTV this seems pretty simple to get done, are they looking for bridge or perm financing?
Dean Valadez
Tenant Turnover Q's: timeframe and cost expectations
9 October 2024 | 16 replies
For larger homes this will cost more.
Ryan Richmond
Buyer vs. Designated Agency
10 October 2024 | 2 replies
From 2020 to 2022, she successfully helped me with four different deals including one I got out of during DD.
Ben Boscaccy
Starter Home Turned Investment Property
21 October 2024 | 0 replies
Purchase price: $241,500 Cash invested: $8,452 This was my family's starter home, which we kept and now rent out.
Cody Anderson
Section 1031 and 121 Hybrid
21 October 2024 | 6 replies
I recently learned that if you owner occupy a residence for part of the 5 previous years before sale, and you rent it for the remaining time, you can calculate the percentage of time the property was owner-occupied (and thus qualifies for the sec. 121 primary sales tax exemption of up to $250k for single filers) vs the time it was being rented (which qualifies for 1031 exchange) and claim both benefits. https://hcsequity.com/blog/combining-1031-exchange-with-121-....How does this work for a multi-family?
George Bell
Making extra principal payments
15 October 2024 | 5 replies
I’m debating if this is worth it in the long run because If I do then I get them paid off earlier but at the same time I could be using that extra money to expand my portfolio and buy more houses .