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9 May 2024 | 3 replies
We use everything we can do to provide more exposure and potentially find a quality tenant, including MLS.
9 May 2024 | 3 replies
Many lenders typically require a minimum loan amount of $75,000, allowing you to access up to 75-80% of the property's value, provided that the DSCR ratios meet the lender's requirements.
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9 May 2024 | 2 replies
You'd probably want to search locally for this - if in West Virginia, first search would be local banks/credit unions or SBA loan providers
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10 May 2024 | 8 replies
Hi AllWe are selling our gas station/property and provided the buyer with the past 3 years business tax returns and are doing an inspection, but I received an email form the buyer saying their banker is asking for my Schedule E, why would they need my Schedule E for the loan?
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8 May 2024 | 7 replies
For 2023's tax returns, you can simply remove the activity entirely from the tax return including the assets, or you can make them inactive / out of service for legacy purposes.You might have a passive loss carryover on Form 8582.
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9 May 2024 | 1 reply
AirDNA can provide some insights on data in the market you're planning to work in.
10 May 2024 | 17 replies
Yes, you can occupy one half of the duplex after a 1031 and still get the tax deferral - provided that the investment half of duplex by itself is worth at least as much as the land you sold AND all of the proceeds from your land sale are designated for down payment on the investment half only. 3.
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9 May 2024 | 5 replies
Please share the listing so we can provide better feedback.
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8 May 2024 | 6 replies
Additionally, holding a real estate license as an investor not only saves on commissions but also provides valuable access to tools like the MLS, enhancing your capabilities as a wholesaler.Feel free to share where you are located—there might be exciting opportunities waiting for you!
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7 May 2024 | 13 replies
I personally use a service for all my LLCs I use a company called Prime Corporate services and have a holding company with all my LLCS under them.