20 April 2024 | 2 replies
For instance Scottsdate AZ, Phoenix AZ, Gilbert AZ, Mesa AZ, Chandler AZ, Tucson AZ, and Glendale AZ make up a fair amount of the list.
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20 April 2024 | 12 replies
Investing 30% of the equity and presumably guaranteeing the debt is more than you see most GP's contribute and should justify better splits in your favor than instances where you see a 5% or 10% co-investment.
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19 April 2024 | 4 replies
For instance, if we had 5 AC units go out, I couldn't cover that on a dime without outstripping my capex and tax savings, but I could probably pay off in a few months.
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18 April 2024 | 3 replies
Determining whether the venture falls under a service or rental business hinges on the provision of substantial services; for instance, if a bed and breakfast service is offered, it must be reported on Schedule C, triggering a 15.3% self-employment tax.Moreover, personal use plays a crucial role in the classification of the property.
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25 April 2024 | 209 replies
you add it to the price, and then happily pay it out...That'll happen for sure, in some instances but then that's just like it is now.
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18 April 2024 | 3 replies
Determining whether the venture falls under a service or rental business hinges on the provision of substantial services; for instance, if a bed and breakfast service is offered, it must be reported on Schedule C, triggering a 15.3% self-employment tax.Moreover, personal use plays a crucial role in the classification of the property.
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18 April 2024 | 16 replies
In fact, in some instances even negligence will only lead to a carrier covering legal representation under their reservation of rights and will not cover any settlement or jury award.
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18 April 2024 | 27 replies
There are only three instances where it makes sense to buy solar panels for your house.1 - You are living off grid. 2 - You live in a state that has sky high electric costs AND great tax insensitive.3 - You have lots of money, don't care if you are paying more, and want to feel like you are saving the planet (even though you really are not).
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21 April 2024 | 240 replies
OCF inherited these tenants from the previous owner and I hope that their own screening process helps minimize future instances like this.
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20 April 2024 | 33 replies
It does allow me to tag different owners (my LLC vs properties in my own name, for instance), but I couldn't figure out how to run reports specific to each, nor could I figure out how I might use this to track my realtor side-hustle, deal with my owner-occupied duplex, etc.But in spite of the sadness around the accounting, there's something about this package that I really liked.