Andy Lanyi
Flipping and tax rate
29 May 2024 | 4 replies
Generally for fix and flip, we put this activity into an LLC that might be taxed as an S Corp depending on profitability.Rentals are usually put into separate LLCs depending on the state.
Peter Macron
Gifting an Expense Tracking Tool
30 May 2024 | 2 replies
this is so needed in the market . especially in cases for seasoning where borrower has to provide cost of renovation . if this would populate a report and all invoices attached to it that would be beyond amazing of a tool to have
Berron J.
Mid Term Property Manager
30 May 2024 | 7 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
Naresh Achary Vadla
confused between selling or keeping as long term rental - Seattle home
30 May 2024 | 5 replies
It really depends on your long term goals.
Molly Jones
30 year lease in Thailand
30 May 2024 | 2 replies
Hey @Molly Jones, so this is something I wouldn't participate in personally. 30 year leases in the US (or 100 year leases etc) can be pretty dicey depending on where they are.
Christopher Bierman-Gwinn
Help me decide please
30 May 2024 | 27 replies
Hey Chris - it depends on what your goals are.
Zachary Crosby
Advise/Tips for Opening RE Brokerage
30 May 2024 | 12 replies
Depending on your office location, co-working spaces may open you up to more 'walk-in' business than any storefront or traditional office space.- Evaluate the best tech platforms to subscribe to. i.e. skiptracing, RE data sites, CRMs, etc.- Create Standard Operating Procedures (w/video) for every repetitive task on the admin, sales, and marketing sides of the business.
Michael Italia
AI & ChatGPT
28 May 2024 | 8 replies
There are many use cases out there and truly depends on what you want to use it for and how far to take it.
Andrew Sullivan
Analysis Paralysis: Where do I start?
31 May 2024 | 25 replies
OR if you want rentals simply connect with those that provide them, LI is NOT the place to do it, too expensive and little to know return, you're lucky if you get 4% net .
Jose Garcia
Section 8 landlord may face felony charges
30 May 2024 | 17 replies
They can provide an accurate answer for their program.