Larry Bowers
$40K potential septic repair on a $40K house…what to do?
24 July 2019 | 17 replies
Originally posted by @Lynnette E.
Chris Mason
Question for tax pros about S-corps.
13 July 2019 | 22 replies
For things like LLCs and Schedule E, the tax form is just a P&L.
Jean Joseph
Khalil Chu
First timer wanting to invest outside CA
14 July 2019 | 10 replies
I also have followed that same idea when purchasing out of state in Huntsville, AL and also in E TN!
Anthony Konya
Should I list a Flip in the Winter in Northern Climates
12 July 2019 | 4 replies
I am looking at buying a flip using a conventional mortgage on the property and paying for rehab out of pocket. The basic numbers are:Sale Price: 230kRehab Cost: 65kARV: 400kTotal Cash in before holding costs: 77kHold...
Jeffrey Lacombe
Hazardous waste buried on property under bank ownership
11 July 2019 | 7 replies
Since it was just buried a month ago, I don't expect there to be much leakage, unless they damaged the 55 gallon drum.Originally posted by @Randy E.
Brandon P.
Anson Lau
Which to keep under personal? Which should go on a portfolio?
15 July 2019 | 9 replies
An LLC and the associated commercial mortgage may not report on your credit, but if it's a rental it will still show up on Sch E of your taxes.
Deynis De Leon
Wholesaling as an agent?
22 August 2020 | 11 replies
You have to be an expert on the market you're working in, on marketing, deal analysis, estimating rehab costs, etc.I do not know agency law not am I a R/E Broker or a Lawyer in New York State.
Charles Giovanniello
How to calculate tax savings
14 July 2019 | 3 replies
I'm planning on putting this car under my business and list as a business expense, and want to know how much i'd be saving in taxes by paying for it with my business rather than income from my job.