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18 May 2018 | 0 replies
If I sell a product or multiple products to a 5013c non profit organization and they aggressively ask for my Social Security number for “tax purposes” is this normal?
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29 June 2018 | 27 replies
Historically the margins have just been too small or non-existent for condos.
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22 May 2018 | 5 replies
The basic goals are: 1) Cash flow/month to cover monthly bills; 2) Profit to pay off personal debt.Once these Financial Goals are established, you can then "reverse engineer" your plan from these goals back to your current situation.
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21 May 2018 | 4 replies
To get started, I’m planning a house hack in central Florida.My question is this: at what stage is it appropriate to ask the seller for a profit and loss statement?
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22 May 2018 | 16 replies
He got me interested when he talked about the three profit centers.
19 May 2018 | 4 replies
How many flippers run short of cash, or are seeing their profits eaten up by holding costs, and might be looking for a faster way out of a deal?
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18 May 2018 | 1 reply
There has to be some form of a written agreement on who gets what of the profit, who's in charge of maintenance, what happens when a partner wants out, who's on the loan/title... etc I find it hard to believe that this person wouldn't just take this deal and run with it on their own since they are funding everything with their money and I won't be giving a dime.
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23 May 2018 | 2 replies
But first, if you lived in that property for 2 out of the 5 years prior to when you sell it you can take the first $250K ($500K if married) of profit tax free - a much better deal than a 1031 exchange.
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19 May 2018 | 11 replies
Do the work nights and weekends. 4 months later you’ll have 40k in profit.
21 May 2018 | 9 replies
If you have a "partner" and are operating with a profit motive, by default you are a general partnership.