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13 September 2018 | 5 replies
Whatever you choose, though, you will generally get better treatment and terms, and develop a stronger relationship with a lender at a credit union than a bank, because of the cooperative ownership and not-for-profit structure of the former.
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17 September 2018 | 12 replies
The mentee needs an excellent work ethic and passionate curiosity.
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17 September 2018 | 8 replies
Since the sale of the property occurred towards the end of the year, in October, the 1031 Exchange was going to receive an Installement Sale treatment and in the event a Like Kind property was not purchased within 180 days the proceeds would have been taxed in 2018.
18 September 2018 | 8 replies
Obviously my agent didn't have my best interests in mind (that whole ethics and doesn't have any discussion).
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20 September 2018 | 12 replies
Expenses incurred before the in-service date will likely be capitalized (added to basis) and depreciated over the life of the property.It’s much more beneficial to deduct expenses in full as opposed to capitalizing and appreciating them, so it’s important to advertise the property as soon as possible.Since you’re doing rehab work, it’s also important to note the different tax treatment of expenses with respect to repairs and capital improvements.These talking points should certainly be explored with a professional.
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19 September 2018 | 0 replies
Hi all,My usual agent has gotten far too popular (b/c she is awesome), so I am looking for a very hungry agent that can spend time finding ME deals. Looking forward to connecting!Best,Amy
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10 October 2018 | 45 replies
What does that mean - it means that you can take all the classes you need to be a successful investor, manager, financial planner, ethics and legal reasoning etc with the only penalty being you get a grade less than desired and of course you are spending for college.
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22 September 2018 | 6 replies
Roaches can be killed pretty easy with a few aggressive treatments and ongoing preventative maintenance.
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1 October 2018 | 32 replies
I think people pick up on these traits and my ethics serve me far better in the long run even if I have to explain or navigate additional problems from time to time.
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20 September 2018 | 4 replies
Funded my LLC and bought the properties.Am thing thinking on drawing down on my available HELOC the same amount as my down payment.What would be the tax treatment on interest paid on HELOC?