Luke Rentz
Subject To: Successfully resolved the process of a bank calling a loan due?
27 March 2024 | 43 replies
Heh, heh, heh By deeding it back to the seller, the buyer causes all kinds of other unanticipated legal and tax problems.
Freeman Schultz
When do you begin the refi process for a commercial mortgage?
25 March 2024 | 12 replies
We were even able to save the borrower from paying the hefty NYS and NYC recording tax by arranging for a CEMA with the existing note.
Sonya C.
Questions about Series LLCs
23 March 2024 | 9 replies
Having one asset per LLC will drive you and your accountant insane and when you realize they charge like $1000 min for LLC returns and you have 5 LLCs that the $5k tax will eats up 1/2 your cash flow you will be like oh boy…
Account Closed
Home sellers would no longer be forced to pay up to 6 percent commission to agents
25 March 2024 | 214 replies
Your tax preparers?
Roberta Markevitch
STR Arbitrage... is anyone doing this successfully?
25 March 2024 | 25 replies
They didn’t go as strict as they threatened, at least not yet…https://www.atlantaga.gov/government/departments/city-planni...2 properties maximum and the first one must be your primary home… so be prepared to move there and pay state income taxes https://www.atlantaga.gov/home/showpublisheddocument/54610/6...you and your landlord will have to get this form notarized.Please just make sure you have a plan to keep making rent payments after your short term rental plans are banned.
Abe B.
Bank Accounts + Landlording
21 March 2024 | 6 replies
(I am not required to pay tenants the interest on security deposits).
Jenny Scott
Is investing 200k new builds a good idea around Birmingham Alabama?
23 March 2024 | 10 replies
At today's rates I'm not sure it would cashflow by the time you add taxes, insurance, r&m reserves, etc.The average rate today on a 30-Year fixed is 7.38%.
Hyeongyu Jo
Tenant refuse to pay rent
23 March 2024 | 8 replies
If it’s from a loose pipe, you can cut out a section of drywall from the other side of the shower wall, like a room or a closet, and secure the pipe.
Chris Dawson
Cost Segregation - First Investment Property
23 March 2024 | 14 replies
My wife is currently studying for her real estate license, so we can perform a cost segregation study on the property when we buy one to reduce our tax burden for 2024.
Jovani Rocha
First time home buyer wanting to do it through a LLC to rent out!!!
23 March 2024 | 7 replies
Because of the protections an LLC offers in this space, I'd simply say my non-expert opinion would be to spend a little extra to make a separate LLC for this new home, for the legal protections & to make your taxes less of a headache for you.