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11 June 2020 | 7 replies
Using Private money loans to purchase investment properties allows you to make your own money go further, across more deals simultaneously.
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5 June 2020 | 2 replies
The only big negative I can think of at this time is on the investing side where we want to grow simultaneously but will be losing almost 100% of W-2 income when we pull the trigger so lending options will be limited for at least 2 years.
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12 June 2020 | 6 replies
If I was in his situation, I would list the rental units and try to get them rented while simultaneously refinancing.
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12 June 2020 | 11 replies
After talking to IRA finance group, the advise was potentially starting LLC a in those other locations and partnering with my SDIRA and then when I move creating a C Corp to umbrella them.I think I may be over Complicating the process, but I don’t want to get hit with taxes and want to protect myself and use some of my retirement investments to get going and play with my cash simultaneously Incase I can li find employment and this thing turns truly full time (tracking notes, liens, getting my broker license, etc).
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14 June 2020 | 22 replies
The determination is made per "deal," which is to say you can have real estate properties as passive investments, e.g. long term rentals, and active flips simultaneously in your name and they are taxed accordingly.https://www.biggerpockets.com/member-blogs/9278/61605-real-estate-investor-vs-dealer
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11 June 2020 | 9 replies
Same with simultaneous rehabs.
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28 April 2020 | 2 replies
However I have been, simultaneously, getting my credit score up.
1 May 2020 | 2 replies
If you have a loss - an ordinary loss is more favorable than a capital loss.passive vs active may not matter too much especially if the activity and partnership will be dissolved simultaneously.
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3 May 2020 | 2 replies
Also don't think you can't do both of those things simultaneously.
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5 May 2020 | 4 replies
This is a common denominator within the industry, as many of the most successful investors are coached by others who have already succeeded.Keys to Success As a full-Time Real Estate SyndicatorDiving in and simultaneously performing all of these tasks is an overwhelming affair; the first key to success is to start small and figure out how to efficiently scale your business from there.