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All Forum Posts by: Ali Masoudi

Ali Masoudi has started 15 posts and replied 23 times.

Hi there, Is anyone planning to attend Think Multifamily (Fire Summit)" in Nov. 2022 in Dallas, TX? Also, they offer group discounts, maybe we can get tickets as a group to get som the %50 or $300 discount. 

I'm also curious to hear from those who joined last years, did you find it useful? 

Thanks,

Ali

Post: Home Insurance for a TX property Under LLC

Ali MasoudiPosted
  • Investor
  • Austin, TX
  • Posts 24
  • Votes 6

Hi folks, My investment property in TX is currently under LLC and I need to change my insurance company/policy (the current one doesn't accept LLC). Do you know any company to recommend? I only know nreig insurance, do you guys know any other company that I can reach out to? Appreciate it.

Post: Filing LLC-C Corp taxes with a professional EA

Ali MasoudiPosted
  • Investor
  • Austin, TX
  • Posts 24
  • Votes 6

Hi guys, I started creating LLCs around my real estate practices in late 2021 (two disregarded LLC and one LLC-C Corp) and now I have to file my 2021 taxes. I'm thinking to work with a very experienced EA (Enrolled Agent) (years of experience with real estate investment taxes) and they've offered around $1,000 for both personal and business taxes. I certainly acknowledge that professional tax advisors can help save money and bring value with tax planning for future months/years; however, given the fact that I didn't have much activity with my C Corp and those disregarded LLC that flow to my personal taxes, I wanted to get your thoughts to see if the fee is really worth it at this early stages of my business? Do you think the fee is reasonable? Any advice would be appreciated.

Post: Think Multifamily FIRE Summit Dec 2021

Ali MasoudiPosted
  • Investor
  • Austin, TX
  • Posts 24
  • Votes 6

@Vinay Kolluru yes, same here. 

Post: Think Multifamily FIRE Summit - Dec 2021

Ali MasoudiPosted
  • Investor
  • Austin, TX
  • Posts 24
  • Votes 6

@Dmitry Ko @Johnson Hoang @Jeffrey Donis @Jason Mileshko Great to see you all will be attending. I look forward to meeting you all. 

Post: Think Multifamily FIRE Summit - Dec 2021

Ali MasoudiPosted
  • Investor
  • Austin, TX
  • Posts 24
  • Votes 6

Anyone going to attend Think Multifamily FIRE Summit, Dec 2021 in Frisco, TX?

Post: Think Multifamily FIRE Summit Dec 2021

Ali MasoudiPosted
  • Investor
  • Austin, TX
  • Posts 24
  • Votes 6

Anyone going to attend Think Multifamily FIRE Summit, Dec 2021 in Frisco, TX?

Hi fellows - I actually have access to $100k of personal line of credit. Wanted to seek your thoughts on what'd be the best way to use this credit? I already have one investment property and am exploring to expand my portfolio ... any suggestion and ideas would be appreciated.


Post: Using (personal) line of credit for real estate investment

Ali MasoudiPosted
  • Investor
  • Austin, TX
  • Posts 24
  • Votes 6

Hi fellows - I actually have access to $100k of personal line of credit. Wanted to seek your thoughts on what'd be the best way to use this credit? I already have one investment property and am exploring to expand my portfolio ... any suggestion and ideas would be appreciated.