2 February 2020 | 2 replies
An entity shouldn't impact your for tax reasons, as you'd likely choose a structure for liability protection which would only be a pass through entity for taxes.
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2 February 2020 | 2 replies
Chris, good to see you on the forum...we could use more of you here.Here are the technical accounting answers:Capital gains - income on P&LFlip profits - income on P&LRefinance proceeds - increase to Cash and Debt on your Balance Sheet (no P&L impact)Purchased equity - no impact to financial statementsPrincipal pay down - decrease to Cash and Debt on your Balance SheetCap Ex - decrease to Cash, increase to Assets (which are depreciated over their useful into the P&L)This will give you an accurate set of books.
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6 February 2020 | 18 replies
Our show of solidarity is having an impact, but we need people emailing their legislators and the committee members proposing these damaging bills.
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8 February 2020 | 23 replies
The reality is that most new investors do self-manage and you could 'potentially' save money doing it but the other real reality is that most that do self-manage are not able to scale with any real impact and are only trading more expensive time for money - they just don't know it yet.
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4 February 2020 | 8 replies
I wouldn't let that impact what you are planning to do now.
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6 February 2020 | 6 replies
Change them out to LED’s and there should really be minimal impact on their electric bill.
19 February 2020 | 27 replies
Upcoming, recent grad destination, the impact of the health industry.
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4 February 2020 | 4 replies
Will taking one action or the other impact my pending eviction?
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11 February 2020 | 5 replies
This can be very subjective, so you will have to evaluate what you truly value and whenever you spend money (whether it be $100 or $1,000,000) that it has some true, impactful purpose behind it.People also aren't methodical when it comes to saving money.
10 February 2020 | 7 replies
Although it is always great to see new builds and the related construction jobs the longer term direct impact I think is less exciting.