Daniel Mills
Vehicle Dealer License?
My wife and I were hoping to start flipping mobile homes but I found out today that I might need a dealer license. I get the impression that it is a federal requirement, but that the licensing is done through the ind...
Mark Sheppard
How to HELOC an investment property
I am trying to see if it is possible for to use HELOC on one of my investment properties.Any advise or best practices would be greatly appreciated.
Justin Hammerle
Have Interest Rates Finally Peaked?
The Fed increased its benchmark federal-funds rate again this Wednesday which will now range in the 5-5.25% representing a 16-year high. Some economists are claiming that this raise was already priced into current mo...
Reese Thompson
Tax Loss LLC Filing
I'm preparing to file my taxes for my LLC. Since we didn't have our rental units yet for last year, the only cash event that occurred was the cost for forming the LLC. Total amount was less than $500, so I'm wonderi...
Freddie Williams
HELOC for investment
Im looking for a HELOC for an investment property that is free and clear. What can I expect in loan to value and interest. I wish to use this to purchase investment properties for cash, then refinance using BRRR. Can ...
Josh Smith
Taxes: WFH expenses California CA 540 -> Form 2106
Hi,
Any thoughts on filing Form 2106 as part of California Form CA540 line 19 “Unreimbursed employee expenses” for WFH expenses? WFH means utilities, internet, phone which I use towards office work when working from ...
Eric Fernwood
May Las Vegas Rental Market Update
It’s May, and it's time for another Las Vegas update. For a comprehensive view of the Las Vegas investment market, message me for my blog link. It contains more detailed information on investing insights, analytics, a...
David Williams
Capital gains question
If I owe $350k mortgage and I take out $100,000 HELOC and spend it on say a 6 month CD,
And then I sell the house for $700k
I would only have $250k profit right? Then I’d avoid capital gains tax in Massachusetts?
Daria B.
Finding General Contractor
I wanted to post this to let others know if they don't already. I found out that I could search my states license web site to find GCs in addition to other types of licensee's (is that right?). I also can search for c...
Alex K.
Title compay?
Question of the day... How do I get tied to the deal officially?
Do I go through my own title company or submit the signed forums through to their's? :idea: