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27 February 2018 | 20 replies
For a business owner with $100,000 taxable annual income, the net tax savings for using an S Corporation instead of an LLC in taxes paid every year can be as high as $7,500.Holding PropertiesWhen holding properties as a cash flow investor, the LLC (or LP) is generally the better choice because an LLC has more liberal distribution rules.
11 April 2017 | 28 replies
My choices that I give myself1.
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8 April 2017 | 5 replies
Hey guys Im sure this topic has been covered over and over again but I am having trouble finding a clear answer since I am very new to REI and have never purchased a home but would like to make my first purchase for a multi family home using the BRRRR strategy.the particular units im looking at range from 500k-570K and I do not have a sufficient down payment (I have about 10k to put down) I do not know for sure yet but based on my conversations I am sure I can get the price lower since that is price of initial listing.so my question is If i get a 20% loan form a hard money lender and use that as a down payment for a mortgage is this possible?
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8 April 2017 | 3 replies
Not to mention that price-point may impact your choice as (with any luck) you'll find someone that lives, eats, and breathes that market.
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10 April 2017 | 9 replies
Check in with the office that administers the Section 8 program (usually the local Housing Authority) and find out if there's anything different you need to do because the tenant has a Section 8 Housing Choice Voucher.
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9 April 2017 | 1 reply
The owners should have been sent written notices and given the choice of having the screens put on their windows.
21 April 2017 | 6 replies
If you're getting a loan, the bank will almost always make the choice of the appraiser.
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12 April 2017 | 9 replies
My choice.
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10 April 2017 | 4 replies
Some reasons..Save money. 3% Buyer's Agent (Selling agent) commission applied directly to closing costs. 3% Listing commission straight in my pocket.Be self sufficient.