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Results (10,000+)
Lilly Fang For flip, should I have an LLC or just as an individual? What about BRRR?
25 September 2024 | 5 replies
You can already write off expenses like mileage and meals as a sole proprietor, which is essentially what you’re doing now.For BRRRR, keep in mind that refinancing a property owned by an LLC can be more difficult, as many lenders prefer to deal with individuals.
Darrick Lowe How to split heat and hot water amongst tenants?
27 September 2024 | 14 replies
Also they remove the need for a chimney and individual water heaters since the exhaust is essentially moisture. our HVAC does most of their work in the city if you want contact info- He's installed 3 for us just this last year lol In basic terms It would involve:-Permits / approval-Additional Meters X 3 (all thru UGI, they coordinate with contractor)-3 additional units to accommodate each apartment.
Joe Morello "Price Improvement!" - Is it really?
25 September 2024 | 0 replies
While this term might sound like a positive development, it is essentially a rebranding of the traditional "Price Reduction."
Jack Pyle The Fed lowered Rates by 1/2%!! Why aren't mortgage rates coming down.
23 September 2024 | 1 reply
I like how you point out the "technical" elements at play by mentioning the demand for MBS versus treasuries. 
Tyler Speelman Convert STR to primary to avoid depreciation recapture?
25 September 2024 | 10 replies
I cannot recall rate we pay - but essentially answer is you still pay.Also the 250k/500k primary deduction is prorated as well depending on how long rental vs primary.
Bruce Woodruff Any experience with the HomeLight program?
24 September 2024 | 1 reply
Home Light is a company that will essentially loan you money against the equity in the house you re selling.
Gustavo R. Avoid double taxation while flipping in Baltimore but residing in Canada
27 September 2024 | 18 replies
It is essential to have the proper entities set up to avoid double-taxation.
Zack Korenstein Who has moved forward with Royal Legal Solutions?
27 September 2024 | 44 replies
So essentially zero support for my concern.
Miguel Del Mazo My thoughts (FWIW) on MTR Arbitrage
24 September 2024 | 1 reply
Essentially, you can go prospecting before committing to a larger purchase once you've hit pay dirt.4.