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28 October 2021 | 0 replies
Assuming the income generated flows to your schedule E and gets sorted out in the end it may not matter.
29 October 2021 | 3 replies
If you wanted to, you could do a video instead and e-mail the video and ask for them to respond with receipt.
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1 November 2021 | 20 replies
most lenders will utilize the schd E rental income average method for including rental income for qualifying ...if the proeprty is recenlty purchase the vacancy factor approach is used
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30 October 2021 | 4 replies
Loan origination fee is capped at $250 for executive members.
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9 November 2021 | 15 replies
@Corey FarnsworthIf the LLC is a single member LLC, it will be reported directly on your individual tax return.They would look at your individual tax return.If the LLC is a multi-member LLC, the income gets reported on schedule E.
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10 November 2021 | 1 reply
Some of the information that I have seen recommends creating a separate C-Corp Property Management company which then executes a Master Lease agreement with the underlying properties held by LLCs.
30 October 2021 | 14 replies
You seem to be in a good position and have the resources available to execute a couple more deals, carefully of course.
2 November 2021 | 45 replies
@Derrick E.
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3 November 2021 | 10 replies
Nothing to do with the value of the future property.. the value of the future property is only useful in determining how much of the gain you are able to defer if you properly executed a 1031 exchange.Just make sure you look into this and OZ opportunities "before" you sell your next property!!!!
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2 November 2021 | 58 replies
To me, only because these people are not getting other, better paying jobs.....they are choosing to not work at all...Whether it's other jobs, or trading crypto, or making online dropshipping businesses, or whatever it is they found better ways to make money just like everyone had been sarcastically telling them to for 20 years.This "labor shortage" is something we earned.