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15 September 2015 | 5 replies
Hello SE Michigan investors.
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6 April 2016 | 56 replies
I can assure you, if you've been scoring the internet for an education, what you have are ideas, not a real education per se.
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11 July 2011 | 21 replies
The main difference to look for in these two entities is that the LLC has SE tax on ordinary income, so you do not want to have a management company being an LLC.
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16 November 2006 | 0 replies
Free Atlanta Foreclosure List1. 2858 Browns Mill Rd SE, Atlanta, Ga. 30354.2 or 3 BR/ 1 BA / house + 2 lots / ARV: house:$120k + lots 2x $50ea = $220k Purchase $140 / fixup house $30k.
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6 December 2021 | 51 replies
I am in Colorado Springs but I am willing to drive to SE Denver.
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26 April 2007 | 1 reply
If I were you'd I'd try to find something on the SW, SE, or W end.
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19 May 2007 | 4 replies
If you are going to own the property in your name and have the LLC do the management (collect rent, pay bills, maintenance), then that will be considered ordinary trade or business income and subject to SE tax.You would want an S-corp to do that.
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17 June 2007 | 50 replies
(Yes, I realize you didn't ask us to analyze the property per se, but you asked for a reasonable offer price, which is absolutely tied to what will make the property a good deal, which of course requires analysis.)Bottom line, if you are absolutely convinced that it is a good deal at 1.4M, then take it at 1.4M.Originally posted by "littleivy":I have lived here a long time and have seen my home increase in value from 275K to 1M in the 13 years since we bought it....and our first home, which we kept as a rental, has increased from the 195K that we bought it to being worth about 850K+.I also won the lottery the last time I played, so I figure I'll be a shoe-in for the next time I buy a ticket.Have you seen this graph?
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10 July 2007 | 7 replies
In the SW Ohio area (Dayton, Cinci, SE Indiana, NKY)The wife and I are accidental REIs.
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1 August 2007 | 9 replies
I don't think there is a formula per se for what you are asking.