Mike Rutallie
Please poke holes in this Lease option strategy
10 February 2024 | 4 replies
Allow me to put the money I'd pay for the property into gov't bonds paying roughly what the lease payment would cost, and 3. would give them ~$320K in total lease payments including the offset of capital gains, while it would be equivalent to me purchasing it for cash today at $225K.I know there is an income tax liability on the seller's part for the lease payments, but I don't know their situation to judge the impact of that.I've never done a transaction like this before, so please poke holes in it, or if you have a better option, please let me know.
Cannen Hill
Airbnb arbitrage/owning rental properties to hotel franchise
9 February 2024 | 2 replies
I want to scale my business and I don’t necessarily want to be fully involved in all of my rental properties…mostly because I want to have the time to figure out how to grow my business, reinvest earnings back into my business or investing/paying myself first.
Justin Goodin
👋I don't care about deals that were 'successfully' exited in 2021.
9 February 2024 | 15 replies
I hope people thinking of sending you their hard earned money see your attitude and evasiveness and think twice prior to doing so.
Pat Quinn
Anyone invest with Nighthawk Equity?
9 February 2024 | 49 replies
Interesting analysis, and it's why I avoid the deals where the bulk of the GP earnings are made regardless of the deal's performance.
Nathan Emmert
Wave Accounting
10 February 2024 | 14 replies
Then you are going to pick Asset, Liabilities, Income, or Expense as appropriate and find an "Other Account" you can rename.
Kristen Dolotina
Real Estate Tax Consultant
9 February 2024 | 5 replies
If you live in New Jersey and work in New York, you will pay taxes to New York eventhough its not the state you live in.I am not sure if her question is in regards to residency, buying a house in one state(a state with an income tax) while maintaining residency in another state without a state income tax.i.e. buying a house in New York but maintaining residency in Florida
Joshua Logan
Investing rent money into the stock market?
9 February 2024 | 0 replies
I currently invest my rental income into a high yield savings account or a s&p 500 index fund.
Victor Solomon
Can I acquire multi-family property through my S corp?
8 February 2024 | 10 replies
Meanwhile, the salary plus the distribution from the S Corp should form the basis of your income anyway...
Samantha Baker
House Hack Investment
9 February 2024 | 2 replies
Credit check, income check, debt to income check, possibly requiring a co-signer as well to ad an other layer of protection.
Zane Cress
Should I transition into Multi family property?
9 February 2024 | 19 replies
Commercial real estate are not based on comps, but on Net Operating Income and Caprate.