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2 May 2024 | 4 replies
I'm hearing stuff like you have to pay relocation costs based on # of years they have lived there or some expenses I think are absolutely crazy.
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1 May 2024 | 4 replies
I was thinking of getting one for my property's LLC and then adding myself as an employee with a separate card, cancel my card I have for personal use, and expense the annual fee for the business card.If I have a business card as an employee, what are your thoughts on using that "employee" card for my personal expenses so I can track them and pay them separately.
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1 May 2024 | 4 replies
.- 2022 and 2023 Federal Tax returns with all schedules included- business and personal (if filed separately)- January 2024-current Profit/Loss, Balance sheet, debt schedule (template attached here- or can use your own profit/ loss template)- 30 days most recent paystubs and ’22 ’23 W2s if you receive pay checks.- Most recent 2 months of bank statements outside of CBNA- Most recent retirement/ investment/ life insurance statement, if applicable.Is this an insane amount of paper?
1 May 2024 | 1 reply
I have been airbnb’ing it less than 120 days which was helping me to work/ travel a portion of the year outside of LA - not worrying about the paying both rent and mortgage at the same time.
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2 May 2024 | 9 replies
Also a huge benefit is you can get a non recourse loan and not have to pay UBIT tax on the profits made with the leverage.
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1 May 2024 | 2 replies
Essentially my idea would be to sell 1/2 my interest, pay off the existing loan, and be "partners" with this person as long as there is a defined exit strategy.
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1 May 2024 | 7 replies
The tax bill may have gone up $700 per month, BUT if the next tax bill is due in just several months you need to make up MORE than $700/month before that time is up to pay it.
1 May 2024 | 5 replies
My worry is that it is almost end of the month and he still didnt do anything at all on the project.What are my options if he comes on May 1st and tells that he has no money or that he will pay in installments?
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1 May 2024 | 7 replies
Im trying to save more money, and pay down credit cards, Does anyone have any Ideas on how to obtain financing and where to start with building process should i obtain financing!
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2 May 2024 | 11 replies
In addition, you get mortgage pay down (the portion of the mortgage that goes to equity pay down) and tax benefits. versus if you rent, you rent is not fixed and will rise.