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12 March 2024 | 24 replies
You don't need to show income history or tax statements to qualify.
13 March 2024 | 70 replies
So much for an LLC protection.Here who is being sued:Federal Trade Commission, andUtah Division of Consumer Protection,Plaintiffs,v.Nudge, LLC, a Utah limited liability company; Response Marketing Group, LLC, a Utah limited liability company, also doing business as, 3 Day Real Estate Training, Abundance Edu, LLC, Affluence Edu, LLC, American Money Tour, Cash Flow EDU, Clark EDU, LLC, Edge 2 Real Estate, Evtech Media North, Flip for Life, Flipping For Life, Income Events, Insider’s Financial Education, LLC, Leading Financial Education, LLC, Onwealth, Power Flip, Prosper Live, Property Education, LLC, Renovate To Rent, Simple Real Estate Training, Smart Flip, Snap Flip, US Education Advance, Vintage Flip, Visionary Events, Wealth Tribe, Women’s Empowerment, Yancey Events, Yancey, LLC, and Your Real Estate Today, a Utah limited liability company; BuyPD, LLC, a Utah limited liability company; Brandon B.
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12 March 2024 | 5 replies
It's a nice/quiet area, so not low income type of rural.
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12 March 2024 | 0 replies
A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.
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12 March 2024 | 7 replies
DSCR loans won't use your income to underwrite the loan.
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12 March 2024 | 7 replies
If you aren't showing income on the property for the year, bonus depreciation isn't necessary.In general, I would recommend splitting the attributable costs evenly between your personal and schedule E.
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12 March 2024 | 3 replies
This approach not only ensures a steady income stream but also provides a significant community service.As the property owner, you'd likely take on a role similar to a house manager, overseeing day-to-day operations such as grocery deliveries and maintenance, or you could appoint someone to handle these tasks.
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12 March 2024 | 1 reply
If you don't have any debt, a 750+ credit score, and income, you should not have any issues being approved for a mortgage.
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12 March 2024 | 4 replies
They have to be low-income, usually have kids, low education and if they work - a crappy job.
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12 March 2024 | 4 replies
If your goal is to maximize rental income, adding a bedroom or bathroom often achieves that.