Mark Forest
Qualified Business Income
This is what I get for not doing my taxes earlier. I use Turbo Tax and the program just asked me if my SFH properties are Qualified Business Income or not. The help post at Turbo Tax seem to say no, while the CPA who...
Murphy Frankhouser
Qualified Opportunity Zones
Do you invest in these Qualified Opportunity Zones (which can potentially be rough areas) for the tax deferral and appreciation benefits if the cash flow is not as good as another area?
I'm on the fence if this is a ...
Kelly Niddrie
Qualifying Cash Buyers
So, I am into wholesaling and I am creating my cash buyers list. I have a list of people that I am going to call to see if they are interested in getting information about houses that I find. I feel pretty confident a...
Jarred Jones
Loan Qualifying Income
I would like to get started in real estate investing as soon as possible. I have the nest egg to start but I just switched careers. I won’t be able to use income from my job to qualify. Can I house hack a 4 unit and u...
Jason Malabute
GETTING QUALIFIED APPOINTMENTS
Based on my experience and talking to other investors, right now is the most difficult time to get a qualified appointment.For our team, a qualified appointment is property that fits our criteria, there is a problem t...
Mizael Quinones
Qualified Joint Venture
Hello, BP
My wife and I decided to place our then primary residence for rent in Nov/Dec '19. Its our only rental property. We did not file for LLC or anything like that. Is it necessary to file under qualified joint ...
Jacklin Jackson
Qualifying DTI Ratio
Please assist. I'd like to review my financials prior to setting up an appointment to obtain a pre-approval letter.At this time my credit is 680 with and I have about $20k to invest.Question: Upon calculating my DTI I...
Brandon Jackson
Pre Qualifying Buyers
Does anyone here pre qualify their buyers? If so, who do you generally recommend? Ive heard good things about Village Capital and Providential, but who else has anyone had good sucess with?
Frank Houpt
Pre-Qualifying Tips
Kind of a broad topic I am bringing up here, but any advise would be very helpful. I'm going to visit a few banks this week and see what kind of loans I can pre-qualify for. I have a few questions on how to go in prep...
Account Closed
Pre-qualifying Investors
Hello agents,For regular home buyers and sellers, I use a set of pre-qualifying questions such as:1) Why do you want to buy? What's your motivation?2) When do you want to move in?3) What type of home do you want? 4) W...