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2 October 2024 | 24 replies
With cash value life insurance whatever is left after paying salesperson's commissions is earning a nominal return, you don't have the ability to invest these funds (unless you take a loan from the policy, think of this, you have to borrow your own money and pay interest to the insurance company on the loan!
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28 September 2024 | 11 replies
I have a visa and although there are advantages to having my visa for lending and travel, it also allows me the ability to live in the US without restrictions that a Canadian would have without one.
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26 September 2024 | 9 replies
Generally by looking at the listing pictures and reading the remarks I wanted to weed out properties that you could say had $5k-$10k of capital improvements invested into them between when they were sold in 2017 and then sold again in 2022.
26 September 2024 | 3 replies
I want to build a legacy for my family and have the ability to take care of my parents and in-laws in the future.
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26 September 2024 | 6 replies
Is building over the drive through limiting your ability to punch a hole in a wall, re-stripe the traffic pattern and, and put in a restaurant drive thru, when/if the time comes?
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26 September 2024 | 1 reply
In 2022 following massive industry changes, on the heels of COVID, I decided to pursue opportunities that would give me the ability to travel a bit.
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26 September 2024 | 17 replies
If you have the ability to do it now, do it.
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25 September 2024 | 8 replies
Using a Roth IRA for multifamily investments offers tax-free growth, but you lose the ability to claim depreciation deductions
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25 September 2024 | 14 replies
Your brother-in-law’s 10% ownership won’t affect your ability to claim this exclusion on your portion.Unfortunately, the option to roll proceeds into another property (like a 1031 exchange) only applies to investment properties, not personal residences.You’re likely eligible for the exclusion, but I recommend confirming with a Tennessee tax professional for any specific state tax issues and to verify your status with overseas residency.Let me know if you need more guidance on this or related financing!
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25 September 2024 | 12 replies
Until now, I had a great credit score, but I'm concerned that my increased debt might affect my ability to obtain a HELOC or a Home Equity Loan.A lender approached me, claiming they could help me secure a HELOC, but the encounter felt coincidental, making me feel vulnerable.