
24 February 2018 | 4 replies
I’m looking for other investors, agents, brokers, lawyers, accountants etc.
24 February 2018 | 2 replies
Duplex/Luxury Town Home properties 3 and 4 are Quadplex and Triplex used as vacation Rentals Primary Home has a equity lineDuplex/Luxury Town home has equity lineQuadplex and Triplex no lines of credit but have combined equity of $700,000 recent appraisals done on both properties Bank said unable for lines of credit on investment propertiesDebt to income is high because all properties are residential Excellent Rental incomeExcellent Credit.Excellent High paying job1.5 million in retirement accounts 401k can not touch or move to a self directed IRA because only 58 years oldHave found a commercial property a 5 plex for about $600,000Trying to figure how to get funding to buy this new projectLooking for suggestions.ThanksPete

6 March 2018 | 33 replies
If you have a fixed amount of cash you can use it in multiple ways to increase cash flow consider the following ways to invest 150K1) 150K in savings account yields about $1200 per year in interest assuming you find good accounts, in this scenario cash flow is $100 per month2) $150K used to buy a single property for cash.

27 February 2018 | 11 replies
Originally posted by Account Closed:Peter- without actually calling the Syracuse city finance department it would be difficult to know exactly what the sellers star credit is.

22 August 2019 | 9 replies
If you look at the first picture there is a Vacancy & Credit Allowance just under the Total Gross Income and I've accounted for a 10% loss.

24 February 2018 | 1 reply
Whether that is treated as boot that is depreciation recap or boot that is taxable as gain is accountant by accountant.

19 April 2018 | 3 replies
My Delaware LLC has a CA bank account attached to it and all three partners are in CA.

3 March 2018 | 11 replies
I am not a CPA, so check with yours first, but I believe you are able to file a forms 3115 and 481a (change of method of accounting) which allow you to claim previous year's depreciation without actually amending previous years tax returns.

24 February 2018 | 1 reply
And the note assumed by them would reduce the cash into the exchange account.