Angus Brooks
Tax Implications for Refinancing a Property in an LLC and Distributing Funds
16 January 2025 | 12 replies
When filing the LLC return, it is important to ensure that these liabilities are accurately reflected on the balance sheet.However, it's essential to note that distributing the refinance proceeds among LLC members could potentially be viewed as a taxable event if there is no intent to repay these amounts to the LLC.
Ricky Hernandez
Turning a New Build into a Rental Property
6 January 2025 | 7 replies
Phoenix has been a hot market for rentals recently, but consider how long-term trends, interest rates, or construction projects might impact demand.Here’s a quick story: A friend of mine bought a new-build in a suburban development a few years back.
Christina B.
Long term: keeping an eye on the RealPage lawsuit
13 January 2025 | 4 replies
I'm aware that many of my competitors use PriceLabs and have wondered what the unseen impact is on pricing (viz. is there an artificial increase in our particular market because of it?).
Becca F.
Questions for Ohio agents/investors and Class A, B, C in your markets
12 January 2025 | 25 replies
BUT.... but, but, but, also how a person manages will impact this.
Justin Fondren
First Property Steps To Buy
16 January 2025 | 6 replies
Which essentially means you only put down 2.5% down on multi-unit.
Fareen E.
Start lease on closing date or the day after?
10 January 2025 | 11 replies
Based on my experience managing a significant number of rentals, leasing back to a seller can work, but it’s essential to approach it carefully.Lease Start Date:The lease should be signed at closing and start on the same day—Monday in your case.
Shelly Moses
Happy Tuesday, Bigger Pockets Community!!
17 January 2025 | 3 replies
•Deal evaluation: Simple, actionable advice or tools to help me confidently analyze and structure deals.I’m also looking to network with wholesale-minded agents, understand local buyers’ preferences (buy boxes), and explore mentorship or partnership opportunities that can help me gain momentum.I’m eager to learn, take action, and build something impactful for my family.
Ken Latchers
Booking.com. insane not to use.
9 January 2025 | 59 replies
Even then, all of my booking.com clients are American I offer a 25% discount 0-3 days out. add a 15% fee which essentially covers your commission. set up with one hour to cancel, flexible / strict option but no refund 60 days out or later. sync it with Airbnb and or the other ones you are doing.
Devin James
Do you prioritize equity growth or cash flow in your investments?
5 January 2025 | 18 replies
At this stage in my life, these equity plays are more impactful than holding onto a property for a couple hundred dollars of monthly cash flow.What’s your take?
Ashly Frasso
Contractor Ran away with Materials
7 January 2025 | 6 replies
Going after their license is the most impactful thing you can do at this point IMO.