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Are the costs of a 1099 contractor fully tax-deductible in the process of doing business on rentals, BRRRR, or flips?More specifically, I'm looking at entering into an agreement with a contractor where their fee will ...
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When you’re deciding whether to lend to someone, what do you look at first? Is it their credit score, their track record with loans, or the investment they’re trying to fund? Do you rely more on the deal itself or the...
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Hi Folks,I recently inherited a home in the Central Valley of CA. It's a modest 2/1 on a flag lot that is about 2 acres. It's zoned residential/ag. (I attached a satellite pic with the lot outlined) My wife and I are ...
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My wife and I are in our first year of marriage and we decided to rent an apartment instead of buying a home so we could knock out debt. We're 6 months into the year lease and we've knocked out all debt and have an em...
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Hey Guys,I was closing on my first multi-family in PA the other day and the lender had me sign a confession of judgement tied to the loan. It was the first I ever heard of it and after closing I researched it. After r...
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I'm still learning the ins & outs of real estate investing and excited to get in to my first deal. I plan to use the equity I've built up in my primary residence to finance the deal. Now all I need is the deal! ...
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So I am in the early stages of applying for my first commercial loan. I just got a 5 unit multi family under contract yesterday, and I want to make sure I take the best steps in order to give myself the best chance o...
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My tenant potentially could be getting a dog that my insurance will not allow as an emotional support animal. Will I need to change insurances? What are my options?
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Hey y'all! I am looking at a PNL report for an apartment complex, and I am confused about a couple things. These might seem like dumb questions, but hey, I'm brand new to this! 1. What is the depreciation expense?...
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I just looked at a 1920's Craftsman that an investor has stripped to the studs (preserving some of the cabinetry and floors). It is between 1400 and 1500 sq ft. It will require all new plumbing, electrical HVAC includ...