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5 April 2024 | 9 replies
Specifically, it sounds like all interest payments made are fully deductible because, in this case, the individual unit's balance cap does not apply (because it is grandfathered) and the underlying co-op mortgage's principal balance allocated to the specific unit is below $750,000.
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3 April 2024 | 16 replies
It seems like every town I look in has such strict regulations where you need to owner occupy your unit.
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5 April 2024 | 0 replies
The kitchen is what's sold me in my first house and it'd a great lay out in my current house.My next house I'll be a bit more specific - bigger deeper sinks, pasta faucet even if I only use it once a yesr for a big jug of summer iced tea lol and a dishwasher, walk in pantry are on my check list.I feel other amenities like skylights or big windows, cellars for dry storage would be cool too but I'm not really a big baker or canner lol.Now it's got me thinking - imagine a hidden island?
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4 April 2024 | 2 replies
It's about finesse, freedom, and streamlining your investment flow.Know Your SDIRA PlaybookRules, regulations, and penalties – oh my!
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5 April 2024 | 1 reply
Our agreement is for a structure shared by two properties, but we have found signification cross-over from Private road maintenance ags.think this is too specific - google only came up with a couple free samples we could review.Any outlines from experience also helpful.
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4 April 2024 | 5 replies
@Bennet Sebastian, have you spoken to any industrial/flex space brokers to understand true demand in that submarket?
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4 April 2024 | 5 replies
It is the mostpopular software in the industry and all CPAs know how to navigate it which isnice.
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5 April 2024 | 10 replies
If you can figure out a specific strategy and be THE guy in the space, it could work out.
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5 April 2024 | 9 replies
I am a 50% member in a Parent LLC that owns other LLCs, used for specific purposes such as other businesses or real estate holdings.
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4 April 2024 | 12 replies
@Elton Tate first, you need to understand the difference between loan fees and transaction fees.Areas E, F & G are outside EVERYONE's control and you'd pay all but G if you bought with cash.So, your Closing Costs are really only $5,932Now, $200 for a credit report is crazy unless they are pulling Dunn & Bradstreet on your LLC.Title charges, except for closing fee, are regulated by the State of Michigan Insurance Division.Why aren't you working with someone that knows all this?