Heather O.
Anyone Charging Fees "As Rent"?
2 October 2018 | 2 replies
Here the only way to collect any fees in court is really charging them as rent.
Brandon McLean
Tax Saving Idea Thread
16 August 2018 | 29 replies
This also gives you the option to flip income to your wife at a later time if you want her to have higher income to qualify for a mortgage when you're tapped out (not tax savings but good to have the holding LLC).You can also have your tax bill charged to the holding LLC for a portion which is tax deductible while your 1040 tax prep fees are no longer deductible with tax reform.
Joshua Top
14 Properties purchased in 10 years - how we found each one...
10 November 2018 | 13 replies
Wouldn't they just automatically charge their seller their 6% for both sides of the transaction since you don't have your own realtor?
Stanley Pearse
Spreadsheet Available for Determining Rental Increases
20 August 2018 | 5 replies
Since they have moved in we have been charging them $1500.00 per month.
Connor Anderson
Private Money for a House Hack?
10 August 2018 | 4 replies
The reason for this is the lending laws to owner occupied borrowers are significantly different than lending to investors - examples foreclosure process, rates and fees that can be charged and no balloon payments.If you do fins someone to lend the money needed, I would highly recommend that you have a competent mortgage lender take a very close look at the deal so they can get you refinanced out of the private money once you have the rent revenue in place.
Lakeisha Edwards
Need to find Property Information (Liens, owner, etc.)
13 August 2018 | 5 replies
Some states charge a fee, some are free.
Andrew Jones
Any luck with vacation rentals?
12 August 2018 | 7 replies
--They will typically take 3-5% of your income, as well as charge a guest fee of 5-10%.2.
John Cannon
New Facebook Group for Newbie Wholesalers in the Reno Area
17 March 2019 | 7 replies
I'm not a grue that charges for my experience but also do not waste my time looking for free advice.
Mel Hayes
Experience with applealing Property Tax and receiving refund?
13 August 2018 | 10 replies
Mostly likely, if you've paid the bill and then get a reduction, they'll send you a refund.If you don't pay your tax bill when it's due the government charges 1 and 1/2% per month plus penalties and fees.
Dan Trinh
Do i need to create a business to deduct business expenses?
12 August 2018 | 17 replies
The C Corp collects a management fee monthly from my rentals, and it's charged off on the schedule E.I also have a active business thru an LLC with employees.