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11 November 2021 | 2 replies
In the past, we have filed individual taxes with schedule E but with the portfolio growing to be something more serious business rather than hobby house fixing, we are looking into Accountants/Tax Prep.
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10 November 2021 | 9 replies
There is no reason for any individual to have a computer in their home. - Ken Olson
9 November 2021 | 1 reply
I've seen this bite numerous individuals that are new to new construction multi-family.
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11 November 2021 | 4 replies
Remind your investor clients that you're not making a lot of money off of their individual transactions, so you would like them to send you their referrals for Retail buyers.
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10 November 2021 | 2 replies
Yes they are multifamily, but usually individually owned.
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10 November 2021 | 6 replies
@Hank Thomas it’s common for them to start with a “desk top appraisal” (at no cost) which means they will pull from their data source to get a valuation (usually very conservative) without going to your property.
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11 November 2021 | 9 replies
I know an individual who paid 657k in taxes last year because he had his property in S-corp.
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11 November 2021 | 2 replies
@Lydia BarIt depends on the level of experience the individual has with both and the type of loans you need to get.
10 November 2021 | 0 replies
Main challenge is the impact to each individual's DTI as we'd all be carrying a "second" mortgage when it comes to any other loan application.
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15 November 2021 | 6 replies
Obviously, much of the following is dependent on the individual, but non-owner occupied investments can be in the 3-4% range (this rate can even go lower if it is owner occupied!)