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3 April 2019 | 2 replies
I think a better approach would be to divide up the responsibility of doing the work.
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3 July 2019 | 11 replies
I spoke with VA loan guy and he said it is true you can buy two home with your preapproved amount divided.
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3 April 2019 | 4 replies
My intention is to flip it by rehabbing it as a single family due to it comping well with single families vs duplexes(higher spread) and the fact that the dividing wall was already torn down.
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3 April 2019 | 2 replies
I had to draw the line at one point when he said something along the lines of "quit your bitchin'" when I had told him to make sure his driveway clear for the plows to come.
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4 April 2019 | 27 replies
If this is a single-member LLC (you are the sole owner), then you will file the information for that LLC on your personal income tax return using Schedule C (Self-employed profit and loss).To input your Schedule C LLC activity: Sign in to your account and click on the orange Take me to my return button (skip this step if you are already in your return)Click on Search at the top of the screenInput "schedule c" in the search box and hit enterThe first link available should be Jump to schedule c - click on this linkTurboTax will walk you through inputting your income, the business information, and expensesImportant: You do not report the draws you take from your self-employed business as separate income on your tax returns, nor do you deduct these amounts on your Schedule C.
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4 April 2019 | 7 replies
Finally, if you have 3 properties or less including your primary, you could get a HELOC from Pen Fed @ 80%LTV on this property, 12 year draw at variable prime + 1%.
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11 April 2019 | 67 replies
Any task I could hire out like cleaning I take overall cost I would normally pay and divided by my hourly rate.
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8 April 2019 | 11 replies
You need to calculate your total expected return (aka IRR) and divide that by your total "all in" cash invested (ie after the 70% refi) to see if it is acceptable to you.
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23 September 2019 | 31 replies
I've read that NV and DE are great places to create the LLC but i do not fully understand the benefits/draw back of doing this.
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4 April 2019 | 1 reply
You just should be very specific about the zoning (ie: RF1 or RF3), if it is sub-dividable, and the and lot size.