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29 November 2017 | 6 replies
Does anybody know if I still get taxed on the profit from house 1 - considering I reinvested into another house purchase in my LLC?
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8 March 2018 | 1 reply
Also, any profits you make is subject to split 50/50 with Phil.
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28 November 2017 | 7 replies
If you aren't taking any profit on the performance other than a total of 5% for managing, then that seems better.
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29 November 2017 | 8 replies
Typical profit for turnkey provider 100K property is at least 20 - 30k minimum.
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29 November 2017 | 2 replies
I am a gap funder to a company I have part ownership, question is how do we go about paying off the gap so I don’t get taxed for my own money, just the profit I make.
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29 November 2017 | 4 replies
My question to you all is: how profitable do you think a house hack should be before you consider it a good deal?
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30 November 2017 | 4 replies
Rather than figure it out from scratch, consider partnering up with a local wholesaler that has closed deals and split the profits on your first deal.
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15 December 2017 | 5 replies
My investing partner and I both have our own separate LLCs, but we want to partner on a deal 50/50 and both have visibility to the all profits/costs/expenses in the bank account.
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4 December 2017 | 5 replies
Many of the most profitable locations will not pan out on the BP calculator and likely if invested in the BP calculators " bests" one could find themselves in a world of hurt down the road.
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1 December 2017 | 1 reply
In exchange, you must rent a room out for Airbnb and they get a split in the profits for the next 1-3 Years.