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7 October 2020 | 5 replies
If I partnered with you with me contributing the money and you contributing the expertise and us splitting the net from the sale I would expect your sweat would be part of your contribution.
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8 October 2020 | 2 replies
As an owner-only business retirement plan, the Solo 401(k) has higher contribution limits, allowing you to build your savings on the front end as well as providing investment flexibility.
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8 October 2020 | 3 replies
The "user" member has also contributed capital to purchase the property, and pays for its expenses, including property taxes, HOA fees, insurance and repairs.
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8 October 2020 | 6 replies
Basically you are dissolving the old partnership, and contributed property to new partnership.
15 October 2020 | 7 replies
Hopefully I can not only learn but also contribute. :)
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9 October 2020 | 6 replies
On the other hand, if the fee was just going to some "guru" who organized this meeting and didn't contribute anything more than passing around the collection plate, then I'd seriously question the need for the fee.The real benefit should be the information you guys share amongst each other in the interest of learning and helping each other out, not helping just one of the members (or supposed "guru") pad his/her pockets through the collection of fees.Just my two cents.
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31 October 2020 | 37 replies
Natural rent increases due to limited housing supply and increasing demand, appreciation, principle pay down, and depreciation tax benefits all contribute to fantastic overall returns in this market even if initial cash flow as a percentage of purchase price is not as attractive as other markets.
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14 October 2020 | 5 replies
It takes a little fine-tuning to figure out how much that management fee needs to be to cover the expenses but in the end, it helps to accurately reflect the profitability of the individual units.If you pay for an asset directly from your personal account and contribute it to the entity, you're not in serious danger of someone making a "piercing the veil" argument in a lawsuit.
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11 October 2020 | 3 replies
Thanks, everyone, for being a part of BP and contributing when you can.
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10 October 2020 | 0 replies
Pretty good for 4 years work.Please Note: I have partners in this deal that contributed to its success.