Justin Ossola
Cost Seg in 2024
13 March 2024 | 4 replies
Here's an article with the latest update.https://www.ainonline.com/aviation-news/business-aviation/20...
Kajal Aggarwal
DD on Renter
12 March 2024 | 2 replies
We have also asked for a 1099C document for their business and they don't have it as they are a real estate investor.Now we are not able to decide whether to pass on this tenant or consider them?
Stephen Sayles
Bonus Depreciation for 2024 and short term rental loophole
12 March 2024 | 4 replies
The trade off that republicans made were to extend business benefits mainly R&D expensing and bonus depreciation.
Oscar Toledo
Billboard lease proposal...how much for a lease? $1000? $2000?
12 March 2024 | 19 replies
We own some commercial property on a very busy highway. 250,000 cars pass by everyday.
Partap A.
Landlord rights (Property management not sharing tenant info)
12 March 2024 | 17 replies
This law prohibits a financial institution from disclosing a consumer’s nonpublic personal information like your Social Security number, income, and outstanding debt to companies that are not related to the financial institution.https://www.ftc.gov/business-g...https://www.ftc.gov/business-g...Also, most credit agency contracts do not allow their clients to share info with 3rd parties.
Marko Bukva
Construction loan vs FHA 203k on a flip
13 March 2024 | 8 replies
Most of our business is non-203K renovation loans...both for consumers to occupy and for investors.
Margaret Feit
Is Mortgage Interest Income in Partnership Subject to Self-Employment Tax?
12 March 2024 | 0 replies
I have a Partnership that is primarily in the business of buy and hold rentals and also has some funds invested in multifamily syndications.
Cory St. Esprit
Evaluating Area Vacancy Rates (Grove City, PA)
13 March 2024 | 4 replies
For a 3 unit building with one unit as a commercial space/retail space I would use either a 7 or 10% vacancy factor and perhaps higher depending on the viability/business strength of the restaurant.
Lauren L Pokladnik
Set to Inherit San Diego property: Build, Rent, or Sell?
13 March 2024 | 7 replies
(Celebrating 31 years in Business!)
Gregorio Villar
How Do I Finance My Third House WITHOUT W2 Income?
12 March 2024 | 9 replies
One property is a condo (in CA) that I rent out, and the other property is a house (in NV) that I live in and rent out the other rooms.I quit my W2 job last year to start a business, which is slightly profitable today, but I reinvest everything back into the business.I have a bunch of cash saved up and am comfortable deploying $100K into another property in Las Vegas ($80K down payment + $10K furnishing + $10K margin).The only problem is that I’m not sure how to finance my next house without W2 income.I talked to a few lenders about DSCR loans, and most say they calculate rental income based on the entire house, instead of by the room.I would love to get the creative knowledge of the BP community on how to fund my next home 🙏🏼I'm also open to any lender referrals 😊