I have an LLC and it has its own business account and credit cards and everything. The business is not generating enough revenue to cover all of the expenses, so when a bill is due, I deposit cash and categorize it as...
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Hi there!! We are doing our first flip and are debating where to put the income going forward in terms of managing our business.. We know we are going to immediately use some to purchase more property. Those of you wh...
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Hi all,Can anyone provide some guidance on how income from private lending is typically taxed? My understanding is that if I'm NOT considered in the business of loaning money, then the income is considered interest in...
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Hi guys,I have a property management company that has a separate bank account and all of my tenants deposit the money into this account. Lets call it "Mary's Property Management LLC"Is it ok to pay mortgages from the ...
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I have a lot of home equity and want to tap into that to buy investment property. Is this a good idea?
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If flipping is a bad tax strategy or one of the worst RE strategies as far as taxation, how DO you make money by flipping? I have read many different posts that talk about how if your goal is to minimize taxes, flipp...
I’m reading, researching; implement my
own business credit, so far
Every time I look up any Business Credit Companies
in Nevada their tons of complaints, lawsuits, and many ripe off claims
Especially in Henderson,...
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Hi, I have about 13 rental properties likely 14 by end of the summer. Where is the best place to apply for business line of credit say 30-70k. I don't need it immediately but likely in case of emergencies or vacanci...
Hi,
How many of you get at least 500% returns?
I'm still not sold on real estate yet. I know how to get 500% returns with other investments but I'm not sold on real estate yet.
Thanks,
Brandon
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HELLO EVERYBODY IM AT A STAND STILL HOPING SOMEBODY CAN GIVE ME SOME ADVICE ,CANT SEEM TO FIND THE RIGHT ANSWERS ANYWHERE.IM A BEGINNER AT REALESTATE INVESTING AND PLAN TO MOVE FORWARD SOON WITH PURCHASING PROPERTIES ...