Scott Trench
Can Someone Please Explain Why A "Wholesaler" Would NOT Get Licensed?
18 January 2025 | 13 replies
That is like trying to sell a tofu burger to an animal rights activist having to disclose that the building attached to your tofu burger joint is a slaughterhouse you also own where they slaughter baby cows, and using the exact knife that slaughtered the cow to cut the tofu.
Landon Sheveland
LLC for Renovation Costs
23 December 2024 | 3 replies
When selling a primary residence you have lived in 2 of the previous 5 years you get a tax exception on profits of $250k for a single person and $500k for a married couple filing jointly.
Doug Kirk
Liens on a property and determining position
3 January 2025 | 8 replies
For example, Ohio Real Title provides property lien search services across all 88 counties in Ohio, making it a convenient option for obtaining a thorough analysis before bidding on a property.Ohio Real Title is the company I use, and we have a joint venture with them.
Melanie Baldridge
“active income” and “passive income"
20 December 2024 | 0 replies
You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate wouldn't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.
Julian Sanchez
What else are you guys investing in outside of real estate?
18 December 2024 | 1 reply
Real Estate, Self Help/Health, Starting my own Direct to Seller Business, Roth IRA, Crypto, and my family!
Tom Pappas
Future Housing: An Analysis of Container Home Senior Housing
19 December 2024 | 8 replies
After decades of work in the industry, and in Green House design and administration, she is very comfortable with the model of establishing relationships with a home health provider for on-site care.
Edward Heath
Balancing a personal home build and starting a rental business
25 December 2024 | 2 replies
We had many mishaps and health problems to deal with.
Yents Ybrimovic
203K loan new investor question
17 December 2024 | 16 replies
For your specific question about doing a JV on the loan, my suggestion would be that both go on the loan and then do a separate joint venture agreement...because you can not have an LLC on the loan for those loan types, they need to be in your personal names.I am not a lender so maybe one of my lender friends could chime on exactly this would work @Zack Karp, @Michael Facchini, or @Jose Valdovinos?
Maegan Quaife
To Sell Or Not To Sell
16 December 2024 | 3 replies
(I also had to come to CA for health reasons, so I am not sure if that is an exception) - You can use that reason to excuse the amount of time you lived in it.