Alejandro Riera
FIRPTA withholding on a domestic LLC with foreign members/manager
8 May 2024 | 5 replies
Code § 7701 - Definitions, my understanding is that the answer is NO, but maybe I am wrong.As the actual rate of withholding is 15% of the sales price, and as the refund (if any) would be "within 90 days", it can be a major setback for my company´s flipping cash-flow because 15% is way higher than the taxable income (and of course than the tax itself), so we would be in the necessity of capital injections to flip the next properties.If any of you have comments on this, it would be very helpful.Thanks in advance
Dan Panea
Bookkeeping, Accounting and Taxes
9 May 2024 | 8 replies
But, we provide specialized bookkeeping services for REIs all around the U.S.If you don't currently have the funds to hire a professional bookkeeping firm due to being in "start up" mode, I recommend keeping up with your income/expenses using excel or a free software such as Stessa.Once your cash flow grows, hire a professional bookkeeping firm that specializes in serving REIs.
Michael Frank
Best prefab and modular construction lenders?
6 May 2024 | 14 replies
When the first box was lifted off the trail the wire was sent with a proof of transfer sent to the email of the prefab company.
Collin Hays
Smokies State of the Union
8 May 2024 | 33 replies
At this time it was undervalued based on pure cash flow ROI even before accounting for the COVID smokies appreciation spike.
Anthony D'Angelo
Out of State Investors Question Here: What do you think of Tennessee?
7 May 2024 | 1 reply
Property appreciation here is great, cash flow and landlord laws are horrible.
Nicholas Pisano
WHAT WOULD YOU DO? First deal breakdown inside. Second deal advice needed.
7 May 2024 | 3 replies
We have two options with financing:20% cash down.
Robert Geibel
Orlando STR-Recent Investors, seeing good returns?
9 May 2024 | 8 replies
I believe you can still do well here, especially cash flow compared to LTR's, but there is a lot more work to it so you have to up for the ride.
Adam C.
Any articles/literature that got you thinking?
7 May 2024 | 5 replies
Looking for advice/strategy from like-minded, anti-risk, I want to maximize cash flow type folks.
Taylor I.
Considering Subto Offer - What do I need to know?
6 May 2024 | 9 replies
Hello, I have a buyer interested in my property that I have had for almost 2 year that is not cash flowing and I am losing money on ($200-300/month easy).