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13 January 2025 | 18 replies
But it would be nice to have access to the software and a place to basically wholesale the ones you don't want for yourself.
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19 January 2025 | 42 replies
You can choose to report your income and expenses on Schedule C by electing to file as a Qualified Joint Venture instead of filing a partnership return.If you have created an LLC that is not in a community property state, and as husband-wife you are the only members, then you are a partnership and must file a partnership tax return unless you have elected to treat your LLC as a corporation for tax purposes.If you have created an LLC in a community property state, and husband-wife are the only members, then you are a partnership and must file a partnership tax return unless you have elected to treat your LLC as a disregarded entity or corporation for tax purposes.
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12 January 2025 | 8 replies
But just hating on wholesaling in a wholesaling forum is so unbelievably pointless. its not dead per se but it is starting to be regulated as it should.. oregon just passed their version. where to wholesale you now need a license and over site by the RE commission.. along with criminal back ground and a BOND.. and as we know not everyone can pass either of those with the bond being the tough one if you have bad credit your not getting a bond.
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17 January 2025 | 14 replies
For a cash out refi, you are generally limited to 75% LTV and rates right now are in the mid 7s for good credit and a DSCR over 1.0.
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19 January 2025 | 11 replies
But the "art" really only comes with time in market and a deep understanding of both the market and the operations of assets.
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23 January 2025 | 52 replies
The site hasn't changed, literally not at all.The people, my friends here, people I know, help change the perspective by doing what they have done for years, just posting and responding with words of wisdom and a 20,000 foot view.
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15 January 2025 | 8 replies
Everyone thinks they can paint but there's a big difference between a professional paint job and a non-professional one (the latter usually actually damages the property instead of improving it).
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19 January 2025 | 46 replies
However, between the much lower mortgage interest rate in Europe and a better tax treatment in the US, I'd choose the former.
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14 January 2025 | 17 replies
And a local resident is usually very helpful.
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13 January 2025 | 15 replies
I'm happy to share my experience as both a flipper and a lender.