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17 November 2021 | 3 replies
I ran an application with a hard money lender and they want me to have 60K liquidity for down payment, carrying and closing costs.
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15 November 2021 | 0 replies
What is your FAVORITE and LEAST FAVORITE part about being a Real Estate Investor?
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20 November 2021 | 24 replies
Most military members (and most people in general) don't have 40-50k liquid to put down a big EMD like that, but that's a great tactic for folks that do.
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28 November 2021 | 5 replies
You can add an LLC or S-Corp later.A single member LLC and an S-Corp can be included on Schedule E of your personal return.
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13 January 2020 | 1 reply
Hello all, what is your favorite website to bid/buy property.
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12 January 2020 | 1 reply
If your LLC is a single-member LLC, then it will be disregarded for tax purposes, and you will report your rental activity on Schedule E and your real estate agency on Schedule C of your personal tax return.
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13 January 2020 | 2 replies
Hello Jordan,I read the book called "The E Myth" revisited by Michael Gerber.
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12 January 2020 | 1 reply
It affects your schedule E. 2.
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15 January 2020 | 0 replies
Looking at closing on a home in E Whittier/Orange County border in April timeframe.
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16 January 2020 | 13 replies
The drawbacks are that it currently does not allow for e-sign of a lease or the collection of rent with a frequency other than monthly.