It will be a mess if you don't show it to an attorney or get advice from other wholesalers at real estate investing meetups.

I have about $20k and looking to start investing in real estate. 

I'm in the process of setting up a business structure for my real estate investments and would greatly appreciate any assistance or referrals from those with experience in this area.A Bit About MeOver the past five years, I’ve acquired a few duplexes in Illinois, all currently held under my personal name.

Hi Heidi - When you sell a property, the IRS requires you to "recapture" the depreciation you’ve taken on that property but by doing a 1031 exchange, you can defer not just capital gains tax but also depreciation recapture tax.If you believe apartment complex is a good investment, with the 1031 exchange process, this can be a beneficial strategy.

Our neighbor told us they plan to sell their house and we are interested in purchasing it.

In this case the house was priced comparable to others in the neighborhood within the last 3 months, however the appraiser used comps outside the neighborhood. 

Investment Info:Small multi-family (2-4 units) buy & hold investment in Whittier.

Hey guys, I bought a house in South Carolina this year and I was told the value of the house is being re-assessed this year for property taxes.

Appreciation would allow us to get out with a modest profit, but I’ve posed going Section 8 via the Affordable Housing website to my business partner.

Investment Info:Single-family residence fix & flip investment.