Yi Chu
HELOC or Business Checking Account to buy a property
17 March 2024 | 1 reply
If I use my HELOC fund to buy a property, which of the following two options should I go with from tax or business accounting perspective?
David Cianci
Should I consider becoming a part time real estate agent
17 March 2024 | 6 replies
I have my broker's license and I still use my longtime realtor to show me properties; I just needed my broker's license to set up our property management company, and I also get to use it for full-time real estate professional purposes at tax time (I'm retired); I don't use it for looking at properties or anything of that sort.
Brandon Curry
What are my options when my escrow shortage causes higher payment
16 March 2024 | 8 replies
@Brandon Curry The first thing I would do is check the tax rate. $900 is a pretty big jump.
Deonte Hill
Potential Lending Options
17 March 2024 | 13 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
Mark Bascetta
Need experienced tax account in new London area preffered that does real estat
15 March 2024 | 1 reply
Looking to build my team and need an experienced tax accountant who preferably has there own real estate and know the law advantages related to that area.
Collin Hays
Get Out Now
16 March 2024 | 58 replies
I began investing there in 2005, a few years prior to the financial crisis.
Timothy Ethan Gawith
Delinquent tax loans
14 March 2024 | 1 reply
Hey,Has anyone ever tried to set up loans for people delinquent on their taxes that was backed by their house?
Joshua Levasseur
How I Use CallRail and Podio to manage Ringless Voicemails
16 March 2024 | 1 reply
You can use CallRail as a CRM to qualify leads prior to entering them in your actual CRM, which would be Podio in this case.#3 - Qualifying leads: With 3000 RVM's being sent out per day, it's likely that you'll end up with 30-100 voicemails to listen to each day.
Jeremy Porter
Seller financing for beginners
16 March 2024 | 5 replies
You are charging 10% interest, which gets taxed at ordinary income so you will pay 2-5% state tax on that money as well as your income tax level.
Account Closed
tenant wants to stay for 3 years+, what to do?
15 March 2024 | 25 replies
If 2795 is the current market rent for a property like this, then you might raise it a little, so by 50-75 each year after the current lease ends to cover cost increases (prop taxes, prop insurance, labor costs, etc).