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23 April 2024 | 1 reply
Commercial property owners, real estate taxes can be a tricky terrain.
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25 April 2024 | 7 replies
Postal Service address,Voter Registration Card,Federal and state tax returns, andDriver's license or car registration.Because it is the IRC - there are plenty of additional exceptions and caveats to be aware of.
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25 April 2024 | 11 replies
@Alison CromwellIn order to obtain a flip loan with no consistent income history, the following steps need to be undertaken: create an impressive credit score, put aside more funds as a down payment, check out new methods of getting funding besides what is available from banks or other financial institutions, involve yourself in investments with toughened entrepreneurs, show how financially sound you are by doing things such as getting enough money into savings over time through frugal living habits or accumulating valuable assets that can be readily converted into cash when required among others like developing several stable sources of income or steadily growing one.
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25 April 2024 | 0 replies
I'm a put your paycheck in the bank guy, not a collect rent, cover the overhead, and pay the taxes type of guy.
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25 April 2024 | 3 replies
I am looking to purchase a tax deed property with my SDIRA LLC.
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24 April 2024 | 1 reply
I was recently laid off from my job and have three issues: 1) No way to get a conventional mortgage 2) Need a place to live, and an advantage: sizeable savings on stock, bonds.I want to start investing in RE (ideally multifamilys), but for now I want to start small: buy a condo to live in, and [whenever I buy a multifamily I could move to] rent it.I would like to evaluate my high-level strategy, and get your comments:* [Soon] Get a "securities line of credit" worth around 15% of my savings.
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26 April 2024 | 2 replies
I can come up with 10k cash (willing to pull from my after-tax contributions to my Roth IRA) and I can take about another $50K from a backdoor IRA rollover from my prior employer's 401(k), but I'd rather not do that.
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25 April 2024 | 2 replies
Essentially, people could donate money and get tax deductions and then that money could be pooled to buy property, fix it, rent it and pay a manager.I’m assuming it would be similar to a self invested Ira.
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25 April 2024 | 14 replies
3) They should know the property taxes, so why "estimated"?
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25 April 2024 | 1 reply
Most brokers go to Spring EQ or Figure, but i'm sure there are some more aggressive banks or credit unions out there, or perhaps an 'online' bank.