Nghi Le
Buying a House for Someone Else
23 September 2017 | 12 replies
@Nghi Le I totally understand and there's no incorrect answer here.
Jordan Lester
Self employed and unable to get loan
21 September 2017 | 9 replies
The do look at previous income but it's not a totally "global" approach that most banks take.
Jared Chipkin
Closed on my first deal!
18 September 2017 | 1 reply
My wife and I were working with a realtor who found the deal, but it was her first transaction and totally botched the whole thing, won't go in to details but at the end of the day she didn't want anything to do with it but still wanted her commission.
Samantha McCormick
New member currently serving active duty
12 October 2017 | 10 replies
Also I plan to buy a total of five duplexes, which; I will later trade up for a Apartment Complex.
Joseph Bramante
What is stopping you from investing in multifamily?
30 September 2017 | 187 replies
I totally agree that being responsible for someone's retirement money is a huge responsibility.
Benjamin West
AirBnB Stay Tax Deductible?
17 January 2018 | 4 replies
For example, if, in an 18 hour waking period, you spend 2 hours snooping through the AirBNB, writing down the makes and models of appliances, figuring out the distribution of the mini shampoos and inventorying how many cooking supplies your hosts are providing and the thread count of the sheets, then an auditor might allow you to take 10% of your total trip expenses as a deduction.If, however, in an 18 hour waking period, you spend 6-8 hours per day interviewing Hosts, researching which properties would make good AirBNBs, researching the local laws, touring properties, meeting with an agent and vigorously pursuing your next acquisition, you'd have a MUCH better case for writing off your travel expenses (but probably not your lift tickets and equipment rental).If, on the other hand, you are traveling and on vacation and just hang out in your AirBNB without actually performing any activities, then the odds that an auditor will allow any deduction at all is pretty minimal.In any audit, it would be up to you to document the business purpose of your trip.
Andy Bailey
Paying off debt by next year, saving cash for REI
17 September 2017 | 2 replies
Getting awesome info and totally pumped about the potential of building that PCF!!
Account Closed
Need help with Denver Zoning Codes for new construction
17 September 2017 | 3 replies
The code says that the total garage width should not exceed 16 feet.
Kate Moreland
Online real estate license classes
17 September 2017 | 4 replies
I'm good at self study and have done licensing exams like this before; I used to work in finance and insurance so I'm not totally new to the whole licensing exam idea.
Adam Barr
Deducting Business Travel Connected to Personal Trip
16 September 2017 | 1 reply
I am not a lawyer/tax professional.Here is what the IRS says:https://www.irs.gov/publications/p463/ch01.htmlOn a side note, based on what I have learned from some professionals, your trip must be predominantly for business purposes: you must spend at least half of the total days on your business.