Stevie Brown
Partnering For Real Estate Debate
4 March 2024 | 1 reply
I would think you would have them not included to the LLC even if it’s long term.
Karen Bolyard
Capital Gains Question
4 March 2024 | 8 replies
As such, the profits are taxes are ordinary income subject to self-employment tax.
David Perry
Renter's Liability Insurance
4 March 2024 | 3 replies
Hello everyone,Bigger Pockets provided a lease agreement for Arizona which has an option to require the tenant to a include liability requirement in their renters insurance.I'd like some advice to help me understand if I need to include a liability amount as a requirement and how to adjust this amount for different properties.Thank you in advance!
Emily Anderson
Air-DNA vs raw airbnb data in an Excel?
5 March 2024 | 9 replies
One thing I noted is that AirDNA shows my revenue and includes the 3% Airbnb host fee.
Dan Aharon
DSCR loans for STR purchase in Florida
4 March 2024 | 10 replies
Hey Dan, we do 15% down payment DSCR loans all over USA including Florida.
Account Closed
Please share your insights and experience to help me make the best decision!
3 March 2024 | 9 replies
Thank you for replying.The land cost 200k (3 lots) and it includes a house that needed some rehab, which is now done and I have a tenant lined up for $1600/month.
Kay Nemen
Is it common for property management companies to charge these fees?
5 March 2024 | 15 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
John Hoschouer
First Project completed and sold with in 2 days on the market.
4 March 2024 | 1 reply
This house has been fully remodeled and truly embellishes the classical architecture of the build; including, hardwoods throughout, custom windows, masterful trim work, a beautiful fireplace, and more. 712 Lincoln is a true work of art that welcomes someone new How did you find this deal and how did you negotiate it?
Julio Gonzalez
The Importance of Understanding Land Valuation on Your Property
4 March 2024 | 0 replies
One key piece of a cost segregation study is identifying the land value of your property as it helps you be compliant with the IRS and maximize your deductions and tax benefits.When you purchase a property, the purchase price includes the value of the land, buildings and the components.
Wangzhong Sheng
Advice for raising funds for Detroit deals
4 March 2024 | 8 replies
Also talked to various finance professionals to get creative on getting across the finish line.Initially it was me and one other GP, but we brought on a third GP to help us raise recently - pending him actually helping raise the funds.We're looking to raise 900k, 700k to close. 400k raised so far (including GP equity), 300k more needed, with 2 weeks left to close.