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27 April 2024 | 19 replies
You can contribute your two interests to the MM LLC in exchange for a 50% membership interest in that LLC.
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26 April 2024 | 3 replies
That's all I have to contribute...carry on. lol
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26 April 2024 | 10 replies
Buy land out right and use it as your contribution into the project, we can fund the rest depending on cost.
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26 April 2024 | 1 reply
I look forward to connecting, contributing, and starting this amazing journey.
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26 April 2024 | 2 replies
I can come up with 10k cash (willing to pull from my after-tax contributions to my Roth IRA) and I can take about another $50K from a backdoor IRA rollover from my prior employer's 401(k), but I'd rather not do that.
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29 April 2024 | 31 replies
Thank you for contributing here, @Dave Poeppelmeier.
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29 April 2024 | 168 replies
I do believe there is merit in following simple best practices that have asset protection as a side benefit: 1) Taking out large mortgages on properties to minimize equity; 2) Having adequate liability insurance; 3) Contributing assets to retirement plans and other protected vehicles; 4) Dividing ownership of family assets between yourself, your spouse, and your children; and, especially, 5) Running an honest business and treating people fairly.
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26 April 2024 | 8 replies
When looking for a SFH there's several factors to contribute to a great rental rate: Location, Condition, Time of Year, Functionality, City Cert requirements needed (if applicable).I absolutely wish that I could 'Turn back the clock' and do house hacking and jump into real estate investing that way...so many great benefits!
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24 April 2024 | 2 replies
@John Smith, 1031, death, a charitable remainder trust, possibly a 721 upreit (although that only acts like a 1031 and defers temporarily), and possibly a sale and a purchase in the same year where you cost segregate the purchase and take whatever bonus depreciation is available (again though a weak substitute for the 1031 exchange).
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25 April 2024 | 2 replies
It is now going to May and I haven't received money towards the mortgage and i even contributed to the utilities (silly me not wanting to get in trouble).