Chris Pontello
Avoiding a short sale through creative financing
26 January 2025 | 6 replies
This has created a "shared driveway" with the neighbor making an ugly curb appeal, not to mention cutting their lot in half.
Chrissy Smyth
Rental in depresses area and minimum requirements
8 January 2025 | 3 replies
These requirements are solid, keep them: Application: Everyone aged 18 or older must complete an application.
Audrey Sommer
Texas Laws on Out of State Investors
27 January 2025 | 11 replies
There are no restrictions preventing out-of-state investors from purchasing rental properties in Texas—these investors enjoy the same opportunities as Texas residents.Additionally, the financing restrictions you mentioned don’t align with reality.
Stanley Nguyen
Tax on private lending fund
21 January 2025 | 14 replies
I thought SDIRA max contribution is $5,500 or $6,500 if over the age of 55?
Kevin Moise
Please critique my gameplan when it comes to wanting to flip my first property.
3 February 2025 | 9 replies
did i mention house hacking?
Jonathan Small
DIY or hire help for taxes?
23 January 2025 | 7 replies
You may want to make an introduction between your CPA to those 2 colleagues.The CPA can go over their services and pricing to your colleagues.I partner with many people on real estate deals - It never gets to a discussion on whether they do their own tax return or hire a professional.If a partner mentions he will provide capital - does he provide the capital on a timely manner.If a partner mentions he will find deals - does he find many deals and provide an analysisIf a partner mentions he will manage a property - does he manage the property well(find tenants, collect rent, communicate with contractors, etc)
Kaleb Garrett
Developing a solar farm?
2 February 2025 | 10 replies
The biggest form of energy production in Tennessee today, nuclear power, simply wouldn't exist without many, many trillions in tax dollars to develop, not to mention the government stepping up to insure and protect the plants, manage and protect the waste for half an eternity, and clean up the trillion dollar mess in case of another disaster.
Melissa Stanley
Starting with a Friend (LLC?)
28 January 2025 | 6 replies
He has been alongside me on the other deals so I’d like to give him equity/skin in the game and I don’t know how else to do itQuote from @Basit Siddiqi: Getting a property with a partner / friend will not help you from getting hosed on taxes.I wouldn't move forward - You mentioned beng a high income earner so your hourly rate is very high.
Steven Mendoza
Contracting a Deal - HELP
25 January 2025 | 1 reply
All groups have mentioned, wanting to try our hand at flipping independently, and I thought why not do it together.
Jeffrey Hayes
Help! Seeking Advice on Determining Monthly Rental Rate for SFH Lease
2 February 2025 | 9 replies
I have already thought about the point you mentioned about some prospective tenants not being fond of the fact that both floors aren't available but until I get back to AZ which could be awhile I need it for storage.