
20 July 2024 | 4 replies
Is there a financial vehicle where I can park that money and only pay taxes when I make withdrawals?

20 July 2024 | 2 replies
Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

20 July 2024 | 6 replies
Before or after accepting:- Lower the sales price or lower the sales price AND lower seller credit (only do this if you are confident in the sale)- find a value add opportunity (I've had situation where we put new roof on and split the cost 50/50 with the buyer via credits to up the home's value to meet appraised value).

20 July 2024 | 11 replies
I don’t have a crystal ball and neither does anyone else, so we don’t know where rates or home prices will be exactly.

19 July 2024 | 6 replies
There are lots of scenarios where you can lose money at a foreclosure auction - usually because the sale price plus rehab and future sale costs are driven above the after repair value.

20 July 2024 | 2 replies
Good afternoon,I'm looking at a property listed for $52,000 in the 19134 area of Philadelphia, where similar properties are selling between $50,000 to $75,000.

19 July 2024 | 2 replies
In-laws goals: downsize from their current property, have a constant rent payment going forward (on fixed income), and avoid a situation where the landlord wants to sell property while they are renting.

19 July 2024 | 14 replies
Therefore, the building should be purchased in an LLC, where everyone is a partner, and you can then buy them out at an agreed price.

20 July 2024 | 13 replies
And lastly, here you come, throwing links around where people can buy that service you push.How many deals have you closed, using AI?

19 July 2024 | 5 replies
Simple answer, yes these are all normal things to utilize.However, as to how they are used - that will depend entirely on where you are going and what you are trying to accomplish.For tax purposes, given it is generally a bad idea to use an S-Corp or C-Corp for holding real estate, any other tax structure will have absolutely no difference from one another - IE an LLC taxed as a partnership, an LLC wholly owned by you and disregarded for tax purposes, owning directly, or owning through a revocable trust - all of these have the exact same tax result at the end of the day.