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26 March 2024 | 3 replies
I have come across several companies like Legal Zoom, Zen Business and many others, some which I think want to overcharged me.
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27 March 2024 | 5 replies
Reporting the mortgage interest on the return should be done with care, as the IRS does not have a copy of Form 1098 under your SSN (or EIN if business) reporting the interest.
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25 March 2024 | 35 replies
I'm sure they price the product is based on the potential returns if an investor works the program diligently.
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26 March 2024 | 34 replies
To ensure you can apply the tax deductions against ordinary/active income, you have to materially participate in the STR business.
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25 March 2024 | 3 replies
Normally, for comparables, you want to look up recently sold properties within a half mile to a mile (the closer the better), in similar condition, square footage, amendities as the end product, and the same or similar bedroom/bathroom count.
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27 March 2024 | 18 replies
I work with some of the best in the business.
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26 March 2024 | 10 replies
He wants to use the 50k to jumpstart fix and flip business
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26 March 2024 | 5 replies
In general though, you're able to directly offset your income from the active rental activity with the *losses* you take from the business, but once the business becomes profitable, this would also add to your taxable income.
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26 March 2024 | 4 replies
People like to do business with people who do business, present a good deal, and you will have a long term buyer to work with!
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26 March 2024 | 3 replies
@Courtney Olson I did this for my candle business but it could work for real estateMaybe offer Step Up Payments too, as long as the number works, and hint at it helping wiht inflation and maybe combined it with an interest rate that is above typical inflation.A combo of something like 4% inflation to keep your same spending power as the years go, and we increase the payment by $25/month every 12 months so your spending power stays the same and you get a bit of a raise every year, then we could do a balloon payment in 10 years to settle the rest.Something like that could be an option.