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13 March 2024 | 6 replies
My suggestion would be to come out to as many in person meets as possible (https://www.biggerpockets.com/forums/521/topics/1177645-tax-...), ask tons of questions, and figure out how to hang out with people who are doing what you want to do (add value, work for free, do anything to get that experience.What area of Chicago are you looking to invest in?
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13 March 2024 | 4 replies
So I help investors in the process that lets them sell investment real estate and purchase replacement real estate without paying tax on the profit.
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12 March 2024 | 19 replies
I also hired a consultant who worked for Clear Channel advertising at one time.
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12 March 2024 | 9 replies
If you have 2 years of landlord tax returns you should be able to count 70% plus of that income.
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13 March 2024 | 4 replies
Is Texas better than KS, it seems I saw a log of complains of the high property tax!!
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13 March 2024 | 11 replies
Because the most motivated sellers often are not in foreclosure, job loss or have a tax lien issue.And I get A LOT OF LEADS, which means I collect a ton of actual data!
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12 March 2024 | 5 replies
99% of LLC’s are “disregarded they don’t pay their own taxes so there’s no reason to do it.
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13 March 2024 | 8 replies
If you split that in half and then pay taxes... not that much left.
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13 March 2024 | 16 replies
I advanced 50k to pay back taxes.. 2. like most contracts for distressed property it was all cash at close.3. on the closing date I moved in all the cash to buy it 6 figures 4.