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3 September 2024 | 32 replies
Sorry again.As i said before, and I truly meant, start by checking into the regulations and laws for your market of activity.
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2 September 2024 | 34 replies
The fact is I am starting to meet more coaches than active wholesaler,flippers etc In my business I am an active buyer of properties and source wholesaler thru local meetups reia meetings etc In every meeting their is a dozen people like you who want to learn and even more coaches who want to teach.
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31 August 2024 | 2 replies
This new LLC needed a mailing address for normal mailing activities (I’ve always understood that the registered agent address is only for legal mailings vs ‘normal’ business mail).thanks!
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1 September 2024 | 9 replies
I was recently actively looking to add to my real estate portfolio.
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1 September 2024 | 0 replies
During 2025 and 2026, construction activity under surveillance is projected to deliver a total of 21,982 units.
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1 September 2024 | 5 replies
Change your story each month as different stories will resonate with different people AND use each story to emphasize one of your “who do you know…” questions.As you start closing deals, you will need to reinvest your profits into mailing lists and other scalable activities to grow your business.One last thing – we recommended you create a Status column on your spreadsheet, now we’ll explain why.
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31 August 2024 | 12 replies
From an income tax perspective, the LLC provides you with absolutely no benefit.Even from a "anonymity" perspective - if that is a Single Member LLC, the K-1 from those syndicates is still required by the IRS to be issued directly to the beneficial owner - you.If you don't make it a single member LLC, say your spouse is also a member, now you have a partnership tax filing - if it holds a number of LLC interests, it is now a partnership filing that is a pain to file to roll all of those activities in and report it on to your personal returns.In short...most likely it is best to keep it simple.
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30 August 2024 | 6 replies
You have to engage a 1031 intermediary like Dave before you sell the property.
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29 August 2024 | 1 reply
The forums are a great place to learn how to or how not to do something, ask questions and engage, it helps you and others learn.
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30 August 2024 | 6 replies
Note: I am under the impression that me material participating in this exercise will fall under the "Real Property Development or Redevelopment" activity, thereby allowing me to cost segregate the home construction cost.