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4 May 2024 | 0 replies
Investment Info:Townhouse fix & flip investment.
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4 May 2024 | 8 replies
Hard to be mad at someone with doughnuts.Then see what was wrong and make sure everything is fixed correctly and nice and tight.If any dought, just replace the whole fan.
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3 May 2024 | 2 replies
The current tenant says they have gotten the problem fixed but all that is required is some tile work and installing the new toilet.
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4 May 2024 | 9 replies
Again, please Google to verify and you'll find a lot of RECENT national views due to last week's NFL Draft that set records for attendance and exposed many to the new reality of Detroit:)BTW: the city also recently beat out Miami for the highest amount of appreciation in the country.
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5 May 2024 | 3 replies
And just like with the others above there are some good deductions you should be taking advantage of here as well.S-CorpW2 income – that’s easy, you probably understood that your W2 income can be added BACKK-1 income (box 1 & 2) – also pretty self-explanatory, but just in case, it’s added BACKAmortization/Casualty Loss – Added BACKDepreciation 1120s (line 14 & 15) – Added BackHowever….Mortgage Notes, bonds payable in less than 1 year (Schedule L, line 17)- this is SUBTRACTED from your incomeMeals & Entertainment (Schedule M1, Line 3b) – SUBTRACTED from your incomeNon re-occurring Other Income (1120s line 5) – SUBTRACTED from your incomePartnershipsW2, K1 (box 1,2, & 4), Depreciation, Amortization/Casualty Loss – all added BACKNon re-occurring Other Income, Meals and Entertainment, Mortgage Notes payable in less than 1 year, AND Ordinary income from Other (1065 line 4) – all SUBTRACTED from your income*WHEW* What a lot of information and we could probably spend ENDLESS amounts of time on this subject.
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4 May 2024 | 66 replies
The starting bid of a property is the amount of taxes owed.
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2 May 2024 | 8 replies
If the loan amount exceeds $1M, then rates are in the high 6's to mid 7's.
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4 May 2024 | 10 replies
Quote from @AJ Cerbo: Accepting any amount of money implies you are willing to accept payments.Shut down any method of electronic payment.
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4 May 2024 | 4 replies
.🛠️ you'll have time to complete a good amount of rehab work on your own💰 you'll likely be earning more at work than your starting salary now, and the monthly payment will be less of a burden🔵you'll likely make friends who may be willing to rent a room or two from you (house hack) to reduce your monthly expenses, if the monthly payment is difficult for you💸you'll likely be able to refinance at a lower rate.
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4 May 2024 | 7 replies
I’m using my VA loan to help finance my next deal and once I sell the home I live in now I’ll have a good amount of capital to rehab the next property If I wanted to along with my W-2 job.