Andrey Sokolen
Multifamily Property in No State Tax State
9 March 2022 | 5 replies
#1 if you're using 5% down conventional you'll have to owner/occupy.FHA I think for the most part is out of the question, due to crazy competition in DFW area.These two lower down payment options do not allow for investment properties, but must be owner/occupied.If you can live anywhere there are options in DFW, but cash flow of course is a function of what you use for down payment vs the rent.So for example to cash flow, you may have to put down 30% vs 5%.
Rebecca Pantschyschak
Can you run properties as "one business" while in separate LLC's?
9 March 2022 | 6 replies
The "class" function makes it easy to keep everything sorted out properly.One other thing -- Depreciation is not something that an entity "gets".
Anthony Howell
Is note flipping taxed the same as house flipping?
7 March 2022 | 11 replies
It's that multiple per year part that's key.FYI, dealer classification applies to more than just real estate too, i.e.if you sell 5 cars in a year you bought that same year etcFor notes, I'm not sure.
Beverly Gutman
Nyack, NY subdivision
9 March 2022 | 3 replies
Many of these functions typically involve public hearings.
Chad Carrodus
Buying the Cobra Kai Mansion for Airbnb
17 April 2022 | 6 replies
1) Deferred maintenance 2) Professional design, landscaping, and misc. upgrades3) Built a functional guard house and gated the property to complete enclosure 4) Income based valuation vs. comps What was the outcome?
Barrett Lund
Seller Sold 5 Unit Property as Fourplex Why? + FHA Refi Question
11 March 2022 | 9 replies
Low and behold I view the property to see that the "garage storage" is actually a fully fledged and functional detached unit.
Sam Tamayo
real estate proffessional classification
1 June 2022 | 10 replies
Hi, looking to claim the real estate professional for tax benefits. I have a variety of qualifying activities on a part time basis that will qualify me, but am thinking of adding LSA (loan signing agent) to the mix. ...
Daniel Weisfield
Three Pillar Communities: 2021 Year In Review
11 March 2022 | 0 replies
.+ Vertically integrated operating platform: We now have around 70 employees spread across five functions: Acquisitions, Property Operations, Manufactured Home Sales, Finance, and Administration.
Tanner Grant
Classes or books for beginners
16 March 2022 | 15 replies
In the search function type in book recommendations or any variation of books.
Matt Woitalewicz
Current Market Cap Rates
9 May 2022 | 2 replies
By definition a Capitalization Rate is a function of NOI and Property Value.