Ilia Zakharav
Convert 6 unit multifamily into condos and 1031 individual units
6 January 2025 | 1 reply
planning to list them for 2024 taxes as 6 different properties and when rehab will be done , I will get all 6 deeds, can I sell individual condo and 1031 based on basis I will show?
Sheila Steubing
REI GAME CHANGERS Reviews James Hodges
4 January 2025 | 18 replies
It is disheartening to witness a mentorship program that boasts substantial financial success, with students allegedly earning substantial monthly incomes, yet fails to ensure that their own employees receive even the minimum wage they are entitled to.
David Woodside
500 hour rule - material participation
13 January 2025 | 11 replies
I would stay away from this, unless you have an empire and can substantially prove it.
Account Closed
L.A. Wildfires and Their Tax Implications for Affected Residents
9 January 2025 | 0 replies
Understanding the IRS disaster relief provisions is crucial for residents seeking financial recovery.Under IRS guidelines, individuals and businesses in areas designated as federally declared disaster zones by FEMA may qualify for special tax relief.
Arshiya Taami
is 95% LTV for a DSCR Loan that is 2.2 possible?
13 January 2025 | 14 replies
Some will dangle out-of-market offers in a term sheet, then ask for substantial sums of money right away.
Stan Boshart
Rent out Individual Office Spaces
16 December 2024 | 3 replies
I work out of my basement and have been trying to find a location near me that rents out individual offices.
Steve Mitrano
Flagstar Bank & LLC Transfer
12 January 2025 | 8 replies
Another work around that isn’t discussed much is working on a strategy with your insurance company to protect your other assets in the event of a claim.But also, it wouldn’t be a bad idea to consider getting the financing into your LLc name with a community bank and pulling cash out if you have substantial equity.Right now, since the loan is in your name, it shows up on your personal credit report.
Jonathan Baptiste
Any advice on finding dependable contractors
13 January 2025 | 5 replies
Quote from @Jonathan Baptiste: I am doing my first deal that needs substantial renovations.
Eamon Conheady
Do not use this lender!
26 December 2024 | 21 replies
Essentially ended up screwed out of a substantial chunk of retirement savings and left to find my own lender elsewhere to close the deal.
Collin Hays
Tips for negotiating your real estate deal
9 January 2025 | 18 replies
Finally, even with a substantial discount, the house may not be worth it.