25 February 2019 | 36 replies
Then, in Oct. 2020 I'm getting married!
24 February 2021 | 8 replies
I'll be selling 2 of my houses in Cottonwood Village -- basically 29th and Woodlawn area/Rock Rd -- It'd be in the price range you are looking for - I personally lived in one of the houses for 10 yrs and loved the area - it was SUPER convenient -- it will be available for sale end of March -- the other will be available end of May - DM me if you're interested -- I haven't signed with a realtor yet -- my personal house which will be available end of March was the one I had roommates at until I got married -- it'd be perfect for 2 people the way it's set up.
15 October 2023 | 8 replies
Actual numbers post report:5 year property = $42k15 year property = $120ktotal building cost = $204kActual Tax Return ~Married Filing Jointly~$82k in W2 income~$150k in self employed income netting $52k in K1 income~$11k in capital gains from stock market investments~$60k in rental income from Schedule E and $215k in depreciation expenses ($162k from cost seg bonus deprecation & the rest from first year costs / capital expenses)We ended up with an AGI of -$80kNuances & Thoughts - Most frequently, Cost segs are focused on high income investors.
29 November 2023 | 9 replies
My observations over the past year: I have more single people or married couples looking for a 1 bedroom separate unit than folks looking for a 2 bedroom, and that really surprised me.
17 December 2023 | 38 replies
I would argue that while you can receive 5.5% on a GIC today - that is very short-term thinking.If the value is there in a property - this is a great opportunity to lock the property in before rates continue downward & drive prices higherOnce it makes "sense" to purchase the 6-plex or rental home when compared to a GIC - it will also will also make "sense" for all the other investors to purchase the same properties - driving up prices and fewer properties to choose fromDate the rate - marry the property
7 April 2023 | 50 replies
It's much lower cost to do that before you get LLC married, then after you in the deal.For the rest of the post:Reaction to the developer fee is that 20% is high.
22 January 2024 | 5 replies
A multi-member LLC is a separate tax paying entity from the LLC members’ personal tax return (unless the two members of the LLC are a married couple AND they reside in a community property state) and therefore if a multi-member LLC holds title to the relinquished property, that LLC must also take title to the replacement property.The financing implications of purchasing a replacement property in the name of a multi-member LLC should be discussed with your lender.
23 January 2024 | 2 replies
I am happily married with two young children.
17 January 2024 | 1 reply
Hello, I'm a 27 yrs old, married RE investor in Lancaster, PA & recently sold my first house doing flipping and got 125k in my pocket as cash.
6 February 2020 | 6 replies
I am not married to doing business here in LA- and I’m happy to go anywhere that we can make a living.