To qualify for the loan it says:
Located in a low-income community, as defined in section 45D(e) of the Internal Revenue Code. The SBA will map your business address to determine if you are in a low-income community ...
I am curious to know if you are claiming depreciation on your tax return to CRA.Why did you opt to claim or not claim CCA?For my rental, I did claim CCA in the thinking that it is deferral of tax and I will pay the ta...
Hey Team,I was wondering if anyone could help me with a question that i have. What financial records or records in general should i be evaluating for a property that is 100% occupied?
Now I am self employed with Insurance and beginning Feb. will have 20k-30k for downpayment on duplex triplex or 4plex to house hack. There is one I like that is $400,000 bit on expensive side. Is a FHA Loan the best f...
Hello Everyone,I found out Biggerpockets late last year and i decided to listen to the podcast from episode one. Now am up to like episode 40 and average of one a day.Now i have between 20 to 50k to invest but after t...
I have been building my initial investment to implement the BRRRR strategy. In my mind it seems I would need about $100k to start for the acquisition and rehab. I recognize that the funds required to start will vary b...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $145,500
Cash invested: $40,000
Bought this foreclosure with a conventional loan and living in it for 2 years while...
Hi my name is Evan,My partner and I have been flipping houses with our fathers for 4 years now. We are just starting out on our own venture and were curious on how we would acquire capital for a purchase with little t...
Hey all, I have a duplex I'm selling in Stafford my tenant is interested in potentially buying but they were a qualified for a 120k loan and I am trying to sell 155k..I think they did not factor the rental income aga...
Have had some issues, but now I'm getting back into the swing of things with wholesaling and remodeling etc. I'm looking to connect with more people in Virginia and get my business growing and definitely trying to qu...