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25 February 2021 | 3 replies
Money in is owner contribution, any money out is owner distribution.
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26 February 2021 | 14 replies
@Allen Magtibay, In general contributions into and distributions out of an LLC are not taxable events.
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25 February 2021 | 0 replies
When an LP subscribes to arolling fund, they are committing to making a capital contribution to the next quarterly fund.5.
11 March 2021 | 6 replies
If you come from contribution and help them grow their businesses you'll not only learn from experience, but also give these investors more reason to want to help you.
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1 March 2021 | 15 replies
It means personally, there is too much debt the lender views you as liable for compared to the income history you've shown.I've heard some lenders do not acknowledge rental income as benefiting/contributing to your personal income at all.
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2 March 2021 | 1 reply
I'm more so interested in talking to individuals who have done Joint Ventures to purchase either SFH/duplexes/fourplexes in the city/area and hear your stories as to how you sought your financing to fund your deals (whether personal or lender), utilizing/opening corporations to facilitate you deals with other investors, and how you structured your deals so that everyone was contributing (whether with time/funds) and had something to gain so everyone was happy.Would also love to hear about local contacts/networking for lenders/investors that you may know of in these regards.Can't wait to hear from you all.
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28 February 2021 | 4 replies
Thank you all for contributing to a great platform for the real estate industry.
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2 March 2021 | 11 replies
Pipes have burst, flooring needs to be redone, boilers replacedThe investor is looking to only contribute financially and provide mentorship but mainly wants to be as hands off in managing the rehab process as possible.
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28 February 2021 | 2 replies
Only employer profit sharing or non-discretionary contributions may be made for the prior tax year, however.
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2 March 2021 | 4 replies
He said name one thing landlords contribute to society.