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25 June 2024 | 19 replies
There are $400/hr consults who can assist with almost every topic on these boards.Also, just for your information, I do plan to ask an attorney to review the final document but was curious at a high level if it's even worth exploring this opportunity.Good luck to you sir.
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25 June 2024 | 5 replies
The odds of the borrower getting all the way through the process is low.
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25 June 2024 | 2 replies
How much do you plan to pull out of that $750 mo for your Capital expenses?
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25 June 2024 | 1 reply
As with any real estate transaction, it's crucial to have clear agreements and legal counsel to navigate the process effectively and protect your interests.
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28 June 2024 | 29 replies
The tax on income is approximately 12%, and when federal and state taxes are considered, let's say 6%, this will leave around $1500 after tax deductions, not accounting for expenses or potential depreciation refunds from tax planning.
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25 June 2024 | 1 reply
Transferring Your LLC via Will:Review Operating Agreement: Check if your LLC’s operating agreement addresses ownership transfer upon death.Update Your Will: Specify in your will that you intend to transfer ownership of the LLC to a named individual or individuals upon your death.Consult an Attorney: Seek advice from an attorney specializing in estate planning and business law to ensure your will is legally sound and compliant with state laws.Consider Tax Implications: Understand potential tax implications of transferring LLC ownership through your will and plan accordingly.Notify Your Successor: Inform the person named in your will about their future role in the LLC and provide necessary documents.Please feel free to reach out if you need any further assistance.
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25 June 2024 | 3 replies
I don't want to go through this process only to be denied 30 days into an escrow period because the lender missed something.
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25 June 2024 | 37 replies
There is never any pressure to buy, and they offer a variety of consulting platforms to guide a potential owner through the process of purchasing passive real estate in Jacksonville, Florida.
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25 June 2024 | 17 replies
@John Kunick, I live in the Eufaula area, south of Tulsa and I'm looking for a great CPA who is an expert in Real Estate tax planning and advising.
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27 June 2024 | 18 replies
Smart planning and close checking can help you win in the market.Good luck!