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29 June 2018 | 11 replies
Keep in mind tax aspect may be different from a legal one, so you may want to consult with both: an attorney and a tax accountant.Disclaimer: I am neither tax or legal professional so this is based solely on my experience.If you would like more details about my personal experience feel free to PM me.Best!
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4 July 2018 | 13 replies
It is one of the most challenging aspects of the vacation rental model.
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30 June 2018 | 7 replies
But is there any restriction regarding UBIT or other aspects if I were to MAKE a participating loan from my 401k funds?
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8 August 2018 | 10 replies
Sounds like you’re already heavily involved in RE just in a different aspect.
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2 July 2018 | 2 replies
LLC electing S-Corp status is usually beneficial when flipping houses, but be careful that your CPA helps you with the "reasonable compensation" aspect- as that would be the main audit risk.
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2 July 2018 | 9 replies
Which aspects of the above do you feel most important at present?
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4 July 2018 | 11 replies
@Forrest Martinson Now that I think about it, I haven't seen any books that focus on the people aspect of rentals.
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6 July 2018 | 7 replies
Would suggest figuring out property management and deal sourcing aspects alongside your financing situation.
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4 July 2018 | 6 replies
The more I listen to podcasts on here and read more and more about REI, I'm falling in love with every aspect of it especially the math odd enough!