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Results (10,000+)
Pratik Jhaveri Can you pass through rental income loss using an LLC?
18 April 2024 | 8 replies
Based on the advice on taxes though, we could change our decisionAppreciate the help.Out of the two opinions below, which one is correct?
Chad C. How does loan discount point work?
17 April 2024 | 7 replies
I'm not a fan of shopping lenders solely based on pricing because service is VITAL with lenders.
Farooq K. What to do with cash, pay off a rental or buy more
17 April 2024 | 9 replies
I like Dave Ramsey and he is very anti debt.
Joy D. Garage Conversion to Living Space
21 April 2024 | 41 replies
If you're thinking about turning your garage into a bedroom with a bathroom to make some extra cash, here’s the scoop based on my 20 years of experience: You'll need to budget for design and engineering costs, which typically run between $2 to $3 per square foot of your total property area, not just the garage.
Doug Davis buying duplex in Atlanta area
20 April 2024 | 26 replies
We are a Chicago-based GC-tech (general contracting technology) company but expanding into the Atlanta market where my partner is.
Noah Condon Starting a House Flipping Business
19 April 2024 | 16 replies
I understood back then that for me to build and scale the business, I needed to always make decisions based on numbers and not emotions, and that's one big reason I've kept myself in the industry now for 4 years.I see a lot of people getting too emotional after their first proof of concept, and most of them are not in the business anymore.
Kelly McClellan Rejected by a turnkey operation - Ohio Cash Flow
20 April 2024 | 34 replies
I worked with Martel Turnkey who are primarily based in Cleveland and Memphis and bought a SFH from them.
Joseph Hammel Funding a solo 401k from rental income.
17 April 2024 | 13 replies
@Joseph Hammel,With Solo 401k there are two way to contribute: elective deferrals (which is $20,500 for this year) + profit sharing of potentially another $40K, but it is not a match but rather based on the percentage of your net SE income.
Jeremy Anan Seeking Advice on Structuring Seller Financing
17 April 2024 | 8 replies
Based on the desired monthly payment, we use a financial calculator to determine the necessary terms to achieve that payment, considering the price the seller is asking.If interest rates are not specified, our initial offer includes our desired monthly payment along with their asking price, with a balloon payment due in year 20.
Berry Starnes Cost segregation/Bonus Depreciation STR in Sevierville/Gatlinburg/Pigeon Forge area
18 April 2024 | 8 replies
My understanding is that the bonus depreciation is based on things that have a shorter lifespan than the house itself.