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3 July 2024 | 6 replies
The decision to acquire additional properties depends on your financial goals and management capacity.Continuation of Strategy: Continuing to acquire properties and utilize cost segregation makes sense if you want to offset W2 income.
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2 July 2024 | 5 replies
I have a team of four people building a fix and flip business.
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2 July 2024 | 26 replies
Depending on the nature of what needs done, *in general* a good contractor will cost you about the same thing as you acting as the GC yourself because they get better pricing from subs than you will get, and pocket the difference as profit.
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4 July 2024 | 3 replies
Depending on how much money you're making (which, if you're at a loss, may not be a ton), those trusts can sometimes cause more tax than going the standard LLC route and just paying the $800 in the first place.I'm not sure from your post if you're talking about income taxes that are owed, or the $800 LLC fee, which is more akin to a franchise fee in the terminology that you're using.
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3 July 2024 | 4 replies
I know it varies a lot depending on a variety of factors, but what are you seeing on average?
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5 July 2024 | 5 replies
It's always good to support local businesses, right?
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3 July 2024 | 24 replies
You need to factor the cost of refinance (average $7K which may change depending upon the price of your home)
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2 July 2024 | 12 replies
Turnkey generally don't exist and value add generally makes no sense from a business and financing overview.3.
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4 July 2024 | 6 replies
It really depends upon your availability of capital.