Steve Lopez
Looking to start passive income in rental properties, with $200k in 401k
29 January 2024 | 28 replies
If you are investing out of a retirement account, you can't benefit from the cashflow today, but if you are investing out of accounts that are not retirement accounts you can benefit today.I bring this up because this may shape how you look at investing options.
Violet Lisa
Applicant did not disclose their emotional dog
29 January 2024 | 40 replies
Originally posted by Account Closed:Originally posted by @Violet Lisa:I guess my situation is a little unusual - I have a potential tenant who has filled out applications but did not disclose they have an emotional support dog until we mentioned there will be a pet deposit since there will be a dog living on the property as well.
Curt Smith
filing taxes on a note that I foreclosed on AND got the property back a low FMV.
30 January 2024 | 13 replies
Need a savy accountant to tell me if that's a taxable event --- I think that is part of the crux of the issue.
Raju Balakrishnan
Navigating the Fannie Mae's HomeStyle Renovation Loan: A Personal Jorney
29 January 2024 | 2 replies
The bank then disburses 75% of the ARV, or the approved loan-to-value ratio.
Sateesh Kumar
Passive losses advantageous for Roth conversion?
29 January 2024 | 8 replies
Hope this helps.The OP was talking about Roth ConversionsConverting from a Traditional Retirement Account to a Roth Account is a taxable event.But you are right, most rollovers from a traditional to a traditional, or Roth to another Roth Account are not considered taxable events.
Logan Turner
Can I personally purchase a house from my LLC
28 January 2024 | 40 replies
Assume i sell it for fair market price, and with 20 percent down, pay title insurance, appraisal etc. will a bank allow this?
Mario Keophilalay
Looking to connect with commercial lenders
29 January 2024 | 7 replies
If it’s in your own backyard, then community banks and credit unions are a great place to start.lots of them love to lend on commercial real estate because they are shorter term and backed by a hard asset.
Amanda Bozzi
Own several plots of land and have a trusted contractor but looking for funds Austin
30 January 2024 | 7 replies
Depending on the type of commercial product, if the #'s support the valuations there are regional banks that will fund the deal.
Terence Zhao
Brown County Indiana - STR Regulations
29 January 2024 | 8 replies
DM sent Account Closed.
Account Closed
Shared water/sewage bill in a 2-unit duplex
29 January 2024 | 9 replies
@Account Closed I guess maybe I’m just a little more old school but in my neck of the woods it’s just customary for the landlord to pay for the water and sewer.