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29 January 2016 | 13 replies
I started replacing carpet with an Allure type of laminate, during tenant turnover.
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16 April 2016 | 1 reply
I'm also employed 28 years at a waste water treatment plant.
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21 April 2016 | 11 replies
Make sure you reach out to some agents, check your local municipality business page to know any upcoming business coming in or closing down, research the market(employment, population:increasing/decreasing, etc) again all of this is available online.
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25 April 2016 | 3 replies
I am employed as a Property Manager, Rehab Estimator, and I perform Valuations for a company that specializes in tax deed/sales acquired properties.
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24 June 2016 | 16 replies
But the case where you are buying, rehabbing and selling within your IRA would in most cases not be applicable for UBIT, here is food for thought or arguments:(1) Your IRA is not you, and your IRA is for your benefit, and is managed by a directed trustee or custodian for your benefit(2) Any investment in your IRA will be deemed as Passive Activity, since you cannot materially participate in the investment from your IRA (else it is a prohibited transaction)(3) Your IRA does not file any self employment income taxes(4) Your IRA may file UBIT based on UDFI (assuming the IRA has borrowed funds for acquisition or rehabilitation)Now if your IRA invested in an pass-through which did the flips as you describe, the entity itself first must satisfy the requirement of a "real estate operating company" to receive any exemption, else if it does not it could generate a UBIT for your IRA as an "operating company".As others have mentioned, please work with a knowledgeable professional in this space for your specific situation.
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14 August 2016 | 9 replies
I went where everyone recommends you go when you’re starting out in real estate: my family.My parents are middle class, have a paid off house, substantial savings, and are both employed; however, they are extremely conservative financially, so I wasn’t sure how it would go.
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23 February 2018 | 2 replies
Although, I have one problem, I am self-employed and have only been in business since last July.
13 June 2016 | 5 replies
The presence of a business or some self-employment activity.2.
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23 November 2020 | 32 replies
Has anyone had experience with the Allure products?
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25 February 2016 | 3 replies
If you have already separated from that employer, it should be able to have control.