
13 April 2020 | 43 replies
You basically are deferring the Tax Obligation of the Commission to the date where you will sell the property.As a result of doing all the above, I reduced the purchase price of the $1.5 Million Purchase by 3% or $45,000.So, not only did I beat down the price by $200k ($1.7 Million originally), but I received a Credit of $45k for a total savings of $245k off the original listing price.I'm not sure if any of the above will be anything but Entertainment, but I thought I would mention it since I went your route and acquired my Broker's License without being a Salesperson.I found myself swimming with the Sharks!

13 April 2020 | 9 replies
My main strategy is to acquire an FHA loan(since I don’t have very much income), and house hack.

11 April 2020 | 2 replies
It is very important that once one acquires working capital that one preserves working capital at all costs.

12 April 2020 | 6 replies
This is taxable to both IRA and Solo 401(k) plans as Unrelated Business Taxable Income (UBTI).A Solo 401(k) is exempted only from taxation on Unrelated Debt-Financed Income (UDFI) when it uses debt-financing such as a mortgage to acquire real estate.

23 April 2020 | 18 replies
The whole idea behind acquiring investment real estate is to expand your portfolio and to do so in a way that smoothly meets your objectives.

25 June 2020 | 8 replies
I am currently working on a deal to acquire my 2nd rental property and my first with a partner.

16 April 2020 | 4 replies
Hello BP world, I've been doing my research and studying the real estate industry for more than half a year now and I'm 100% certain that my strategy of acquiring my first investment property will be a house hack.

14 April 2020 | 17 replies
As far as I understand, since I am just starting work I would have to wait 2 years to be able to acquire that financing.

13 April 2020 | 2 replies
I think this is good time to learn and acquire new skill sets!

14 April 2020 | 6 replies
I have done this several times over my career when I acquired new fixer upper houses.