Jayden Hamilton
If i spend all my income from my properties...
If I spend all my income from my properties on business-related expenses, technically, I made no money, so will I still have to pay any taxes? Wouldnt it be considered a loss.
Ronald Perich
You know what's great? Spending time with the family
A beautiful Saturday here in the mid-west. A bit on the crisp side temperature wise, but the sun was brightly shining. Had the whole family over to celebrate birthdays. The kids all played well together, we had a bit ...
Tamesha K.
Advice Needed for Spending Too Much on Fix/Flip
I purchased an old, 1ba/1ba under 1000 sq ft & it needs full rehab. Original plan was to fix & flip but I’m reluctant to go through with rehab & am trying to sell it as is for costs but buyers want to give...
Steve Rozenberg
How Much Should You Spend On A Make Ready?
How much should you spend on a Make Ready. Most owners would like to have a good ball park number, depending on the property they are buying. Everybody obviously has different opinions or thoughts of what they should ...
Jake Chial
Who has increased their ADR by spending money outside?
Im looking at a property in Florida. Its walking/golf cart distance to the beach. It has a big back yard. Airdna has a value thats ok. COC isnts super based on the number it spits out. However, based on enemy method i...
Joseph Fenner
How much should I spend on renovations on average?
Title says it all. Since I am starting out, I am just curious about how much you guys spend on renovations or if there is a rule of thumb? I want to calculate it as a percentage of the purchase price that I can apply ...
Patrick Henderson
Should you spend money on the so called Guru's.
Just to be up front. I personally have spent 40 to $50,000 on training and about ten percent was of no use, That being said, my first seminar cost me just under $500 and within two weeks I had my first deal. I used...
Pete Perez
What The Hell Did I Spend My Money On?
Hey BP,Not a question or anything-just an anecdote.In preparation for tax season I was glancing at old tax statements and couldn't help but laugh at my younger self. I started working at 17 (2007). Between 2007-2011 I...
Wayne Woodson
As A Wholesaler How Do You Spend Your Day?
I remember visiting one of my friends here who is also an investor. I was in a meeting with him and the whole time I was there his phone rang. Mine probably hadn't rang all day. That experience made me realize how I s...
Bill Mitchell
How to spend money you EARN in an LLC
I am gearing up to set up an entity in the form of an LLC. My question is, when you earn money that is made payable to your LLC, how do you spend it?
You can't commingle funds, so how do you spend the money y...