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12 March 2020 | 2 replies
Hey BP, With the forum flooded with tax questions I thought I'd throw one more into the mix. I have a $15,000 K-1 loss from an LLC that my partner and I actively run due to a few BRRRs with limited rental income. At t...
12 March 2020 | 2 replies
I'm starting my hunt for "just the right fit," tax professional and/or CPA for my newly established real estate investing business and was seeking recommendations or advice?
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19 March 2020 | 13 replies
Disclaimer: This is general legal advice & I am not your personal lawyer, please seek legal advice for your personal situation.In lease break situations, the landlord has a duty to mitigate their damages.
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13 March 2020 | 11 replies
Hey @Darius Price When choosing a brokerage, the most important aspect to consider is whether or not they will provide you with the opportunity you are seeking.
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16 March 2020 | 18 replies
Does anyone have any thoughts on using Legal Zoom to set up LLC or is seeking out a local real estate attorney better?
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12 March 2020 | 3 replies
Maybe say it works best of you do a bunch of enemas while you're taking it over a two-week treatment period.Oh, come on!
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16 March 2020 | 6 replies
@Whitney HuttenThanks for the links Whitney, very useful.Fred is advising I go for a loan to purchase the property rather than seek an equity loan after I’ve purchased with cash.However I’m still interested in purchasing with cash to give me a fighting chance of securing a property.
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12 March 2020 | 0 replies
As I look to scale and increase my purchasing, I'm seeking additional private money to help fund deals in exchange for a set % return.
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13 March 2020 | 5 replies
There may be some local plays to be had where owners are over leverage and can't bridge a short term cash crunch or large players seek to ditch under performing assets at fire-sale prices, but nothing across the board.
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1 April 2020 | 2 replies
I requested a Redemption of my funds from fundrise back in January and they won't release them.Here is what they said:Fundrise Advisors, in our capacity as Manager of the eREITs and eFunds, has determined that it is necessary at this time to suspend the processing and fulfillment of redemption requests.While under normal market conditions, we seek to provide investors with the ability to redeem their investments on a regular basis, during times of financial crisis or extreme uncertainty, it is absolutely critical that we suspend redemptions in order to protect the interests of all our investors.As Manager, we have an obligation to make decisions based upon what is best for the entire Fundrise investor community and must always put the priorities of the whole above any one individual.Fundamentally, Fundrise investors own real property, which is simply not liquid.