15 March 2020 | 49 replies
Since the main point of the new tax law was to lower taxes on business and investment I think once it all washes out there isn't going to be any change regarding 1031's and cost segregation, remember most members of congress own property and they want the tax benefits of real estate as much as we do.
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10 March 2018 | 2 replies
I remember reading that one of the units could be commercial space as long as it is less than 50% of the building, but I cannot find any info about this on the cmhc site.Am I remembering this correctly?
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23 March 2018 | 3 replies
Eric,As I am not a lawyer, take this with a grain of salt.My understanding is that an LLC is ideal for many investors when the business itself generates a certain amount of income, usually under $40,000 per year NET.
10 March 2018 | 6 replies
Remember, inventory is at a premium and you are in control.
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3 June 2018 | 3 replies
I unfortunately don't remember what company I used.
31 May 2018 | 6 replies
Ideally one that has some value add opportunity via rahabs.
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14 May 2018 | 3 replies
Remember, the original agreement to buy from the current seller is made by the LLC...not you.2 - Seller gets their $10k3 - End buyer gets their property for a total cost of $25k4 - You make $15k profit5 - The original seller has no knowledge of the $15k profit you are making.
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14 May 2018 | 0 replies
If you have like 3-5 deals going that would be ideal I would be able to see couple different areas and learn about this market a little bit.
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17 May 2018 | 21 replies
I am aware of a couple of counties that do it live still and the amount of people that go to these is a lot smaller.Obviously getting in touch with the owner months before is the most ideal situation.