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Results (10,000+)
Victoria Moberg NC Laws on having month to month leave
8 July 2024 | 1 reply
Hi Victoria,To sell your property and notify your month-to-month tenants, you should provide them with a written notice to vacate.
Bob Yon Can you sub-to a VA loan?
8 July 2024 | 15 replies
A quick google search for "va loan bonus entitlement" should provide you with all the information you need.Yes, anyone can assume a VA loan so long as they financially qualify.
Shane Allman Escrow account for rent Question
8 July 2024 | 2 replies
This separation helps in maintaining clear financial records and simplifies tax reporting and financial management.Setting up an escrow account specifically for rental income within your LLC can offer several benefits:Financial Clarity: It separates rent payments from other operational expenses, making it easier to track income and expenses related to the rental property.Legal and Compliance: Helps in demonstrating that rental income is kept distinct from personal or other business funds, which can be important for legal and tax compliance purposes.Tenant Transparency: It provides transparency to tenants and other stakeholders regarding where rental payments are deposited and how they are managed.While it may not be a legal requirement in all cases, maintaining an escrow account specifically for rental income is a prudent practice that many experienced investors and landlords follow.
Jerell Edmonds Out of state investing
7 July 2024 | 5 replies
Looking to connect with a friendly agent that knows the Ohio market well.
Richard Benjamin Wilhite Business Income that Doesn't Increase My Personal Income
8 July 2024 | 3 replies
The rental property itself provides the tax benefits and not necessarily the entity structure.Depreciation should wipe out your cash-flow from being taxed, especially given the high prices of properties right now.You should have your tax returns reviewed if your properties are reporting positive taxable income.
Connor Patterson Experienced Investor Looking for Job Opportunities
8 July 2024 | 3 replies
Back in Washington where we fix & flipped properties I did anything from general contracting from demo to finishing touches, managed project budgets & timelines to stay within our projections and SOW, raised capital for down payment on hard money loans, interest on loans and rehabs, worked with my hands (best at flooring, trim, caulk, cabinets, fences, punch list items) and was the real estate agent for acquiring and selling our flips.
Ryan Keenan VA loans
7 July 2024 | 27 replies
Lenders will generally loan up to 4 times a Veteran's available entitlement without a down payment, provided the Veteran is income and credit qualified and the property appraises for the asking price.VA county loan limit: 2016 Loan Limits (Effective January 1, 2016).
Eve Favorse Newbie Investor in Detroit Market looking for advice
8 July 2024 | 11 replies
I appreciate any advice you could provide
Conner Price New investor looking for LLC guidance
6 July 2024 | 4 replies
Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.
San Ly Seeking advice on buying a house in Coastal NC for Airbnb
8 July 2024 | 3 replies
How accurate is the data provided by AirDND in terms of price and occupancy or do you use a different website to analyze deals?