12 August 2024 | 1 reply
I'm in the process of buying land, having a builder build a home for sale on that land, and then selling said home for a profit.If I buy the land in my name, get the construction loan in my name, but I want to sell it under the LLC's name, at what point am I would I report the income under the business's name?
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16 August 2024 | 0 replies
However, I am in escrow to buy a home, but my plan with this one is to rehab and turn it into a midterm rental as my very first buy-and-hold.
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12 August 2024 | 1 reply
One unit (1700 sq ft.) is currently leased as a commercial office.
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16 August 2024 | 4 replies
Almost never the MLS.This sounds like a common story of out-of-state investors buying up class C with local third party management.
16 August 2024 | 3 replies
Have good credit, 2 previous lenders who will vouch for me and can buy but trying to avoid tax hit for selling liquid assets.
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16 August 2024 | 19 replies
The cash flow houses help me to hold on for the long haul, while the appreciation houses enable me to buy more houses.
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16 August 2024 | 4 replies
Will have the opportunity to buy a couple of properties in the near future.
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19 August 2024 | 244 replies
I asked what he thought I do and he indicated you buy, fix up, and rent units.
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16 August 2024 | 2 replies
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
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16 August 2024 | 23 replies
I just set up my solo 401k under uDirectIRA, and the LLC that will be 100% owned by the 401k, and ready to buy real estate using the LLC.My question is regarding taxation.