I hear alot of people discuss ROI but nobody discusses what percentage of your monthly income you can actually expect to make it to your pocket/pay yourself from your LLC after expenses. If you have any insight thanks...
I am new to wholesaling, and would like to activate my license for comps, searching the MLS, etc. A few brokers have offered work doing BPO's as well, which I feel like I can only benefit from, and I can get paid ea...
Hi Everyone!
I'm about a week out from closing on my first property, a duplex I'm house-hacking. I realize this is a question that should be answered already, and we have discussed it a few times but not landed on a ...
What are you seeing in regards to K 1 losses in year 1 based on forced depreciation from Cost Segregation studies?Since 2017 , we’ve seen the following ranges 14-30 % for storage 40s to high 50s% for multi family with...
My partner and I are about to set up a 506(c) syndication for developing industrial condos, and we are in discussions with a potential partner who would focus on finding leads for land. If he starts making cold calls ...
Hello,My brother and I are building a vacation home on land that was inherited, and are planning to covert the deed into an LLC when construction is complete. The down payment for the loan is the value of the land , o...
According to the latest statistics we have now reached the point in this country where 49.5% of the population pays zero income tax. I'm pretty good at math so I've come up with the number of 50.5% do pay some income ...
Hello,Can anyone give me an idea of what percentage are closing cost in Trenton, NJ on a small (2-4family) rental property? 5%? 6 %?Thank you
My partner and I have an S-corp where we are the only employees and have a 60/40 ownership percentage split. I recall being told at some point by an accountant that our salaries needed to match this percentage. For ex...
hey everybody I am just looking at purchasing my first duplex within the year here me and my sweetheart have enough saved for house hack and we are going to move on it I just have a quick questionI just want to be abl...