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21 September 2018 | 36 replies
I'm a licensed life agent myself in CA (OK68442), and have a couple clients that do fund their RE purchases with life insurance loans and its a fantastic product for that.
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23 July 2018 | 11 replies
Howdy @Talha MakkiI definitely prefer Free and Clear distressed properties with motivated sellers.
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10 August 2018 | 9 replies
What attracted me to BP was the network of people who actively participate in the forums and wanted to connect with like-minded individuals.
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14 July 2018 | 8 replies
Also, make sure you are asking for the right product at your local bank.
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16 July 2018 | 39 replies
Also, why can't you ponder an LLC name and still be productive?
18 July 2018 | 31 replies
One just need read the law for a very easy understandingThe preceding sentence shall not apply to any foreign taxes described in subsection (a)(3) or to any taxes described in paragraph (1) and (2) of subsection (a) which are paid or accrued in carrying on a trade or business or an activity described in section 212.And then the reference from the above law to IRS Code 212(1) It has been paid or incurred by the taxpayer during the taxable year (i) for the production or collection of income which, if and when realized, will be required to be included in income for Federal income tax purposes, or (ii) for the management, conservation, or maintenance of property held for the production of such income, or (iii) in connection with the determination, collection, or refund of any tax; and(2) It is an ordinary and necessary expense for any of the purposes stated in subparagraph (1) of this paragraph.And for even simplified version, just look at the IRS guidance on the subject...What Deductions Can I Take as an Owner of Rental Property?
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14 July 2018 | 2 replies
I used Guidant Financial to set mine up, I don't think they offer that as a product any longer.
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19 July 2018 | 5 replies
Home Base is the tricky one and our primary focus, we are interested in establishing a bona fide farm with value-added products.
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17 July 2018 | 41 replies
One thing just led to another:I was looking for motivation /direction /mentoring in real estateI reconnected with a college buddy and DC area Realtor, @Aaron Cavazos, on FacebookHe recommended the BP communityI browsed through the podcasts and attended the "90-day challenge" webinar back in September '17We closed on my house hack property in January' 18.There is another 90-day challenge webinar coming up this Wednesday, I believe...
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14 July 2018 | 0 replies
I discovered real estate investing when I moved to Atlanta in 2015, where I did two deals then stopped. I relocated back to my hometown of Memphis after retiring from my job of 27 years. Just jumped back into real est...