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8 October 2020 | 0 replies
I believe with $5,000 - $10,000 the trailer court could be made fairly respectable.
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20 October 2020 | 9 replies
Ask the lender to put the deal aside for a minute and get real with you about potential deal killers with respect to YOUR qualifications as a borrower.
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14 October 2020 | 21 replies
@Ryan Schwartz, respectfully, I agree with @David Greene 100%.
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11 October 2020 | 1 reply
They are willing and able to give a respectable pet deposit along with the rental deposit if someone can help them.
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10 October 2020 | 2 replies
You did not mention the federal income tax status of the two LLCs.If both are disregarded entities, the rental arrangement will not be respected for federal income tax purposes and the real property will be treated as owned directly by the operating activity.If the operating LLC is an S or C Corp and the LLC owning the real property is disregarded, any lease agreement between the two would be respected and you would indeed have a "self-rental" for tax as Ashish noted.Whether or not you should be an S or C Corp is a great question, and shouldn't be taken lightly.
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15 October 2020 | 6 replies
Well, because 1- my reputation I have built in the industry of knowledge, respect and win-win. 2- I follow that up by paying my people what they are worth, and that means $65-$85 lh, I give respect and demand it, I lead. $25lh is slave wages and no decent tech exists at that rate.
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18 October 2020 | 21 replies
@Chris McKenna We followed Dave's baby steps to get out of consumer debt and I have a lot of respect for him.
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19 October 2020 | 153 replies
Due to a requirement for their respected schools.
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13 October 2020 | 12 replies
Doesn't mean much, but I respect you.
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11 October 2020 | 1 reply
To stay involved in RE, increase my knowledge, and maybe be able to start providing an income, I got me RE sales license in Texas.I am genuinely appealing and respectfully asking for any help anyone may provide.