Tim Uittenbroek
Looking for CPA to give advise on setup for NRA
19 August 2018 | 4 replies
- I understand estate taxes will come into play once I "pass on" my portfolioC-Corp- Can avoid the 30% tax witholding for NR aliens- Possible double taxation when taking money out of the company through dividends/salary- Shielded from estate taxesI'd love to consult with someone that could talk me through the advantages and disadvantages of each and help me set up the appropriate structure given my situation.
Greg Doyle
Going into business with a Shark
15 August 2018 | 0 replies
Of course, we will be having our local lawyer take a look at the lease.I'm hesitant mostly due to the overwhelming legal power and experience that this tenant would have compared to our small LLC.
Thomas Berry
Fundrise: thoughts on investing?
14 November 2018 | 14 replies
It's not all that bad I guess but that's just about the same I would get in dividends by putting $20k into Fundrise or other of these syndication (Groundfloor is my preferred place at this point).Got to think about how tax, depreciation, etc. play into this but as a first pass, not sure what to think about the added headache that may come with remotely investing in SFH.
John David Burton
inherited tenant not paying rent
20 August 2018 | 18 replies
No excuses otherwise I know they are simply playing me and will never be worth while tenants.
Mélida Maldonado-Pérez
Bronx Newbie Investing in Multi-Family Rentals
28 August 2018 | 5 replies
I’m curious about your experience renting. you can...i basically just found a really responsible relative and convinced them to move into our upstairs apartment for the same rent they were paying at their old place. twice the size and much more beautiful. we figured it was best to charge less than market rent and have peace of mind with someone we knew to be responsible than to try to charge market rate and play russian roulette with tenants in the Bronx.
Luke Naylor
Rental accounting/bookkeeping - QuickBooks or something else?
14 January 2019 | 15 replies
@Luke NaylorThere is some high powered PM software out there, but those are typically not a good fit for buy and hold investors with your size portfolio.
Sergio Garcia
I have a question about flipping a house
24 August 2018 | 4 replies
My wife is concerned about not getting the return on this expense, and she agrees with Carson regarding power-washing/cleaning and repairing the driveway.
Ryan K.
HELOC ? Credit Cards? FICO 2nd Rental Property - NEED ADVICE
16 August 2018 | 3 replies
It might make your rental unprofitable Credit cards combined with HELOC is a great tool for financingbut you have to establish your credit first to play this game.
Account Closed
How to Weed out the tire kickers
17 August 2018 | 10 replies
As a cash buyer I don't have time to play 500 questions game with a seller.
Sam Leon
Properties with traditional incandescent fixtures on dimmers
17 August 2018 | 4 replies
I would go with option D or B if you really want dimmers, in my state you can't even get incandescent unless you really look for it, and whoever is paying the power bill will most certainly appreciate LED bulbs.