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19 July 2021 | 17 replies
@Daryl KingYou want to speak with a tax advisor to get proper tax advise.You may get a back-dated appraisal if the property was already distributed to you.
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6 June 2021 | 28 replies
I would strongly advise you to hire an attorney who speaks your native language.
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10 June 2021 | 76 replies
I am not educated on syndications so i cant speak on that but from the gist of it , i would like to make a 15-25% return and receive the tax benefits , and from what i understand syndication doesn't offer that . as far as partnerships , My dad a long time ago opened a business with a professor and it went well for a while but then he got screwed and i promised my self i wouldn't join a partner ship .
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8 June 2021 | 6 replies
Thanks for the advice, I'll speak to my attorney specifically about the zoning.
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8 June 2021 | 0 replies
(It is understood that for tax/legal advice I should always speak with a tax/legal professional, so whatever you feel comfortable sharing is much appreciated.)Is it difficult to send in the tax?
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23 August 2021 | 7 replies
While doing research, It speaks about building a team and how one of the best ways to build a team is through referrals, but how do you get referrals, when you don't know anyone.
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9 June 2021 | 0 replies
Speaking to the hardened vets out there, have you actually held onto your rentals for 30+ years?
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8 July 2021 | 6 replies
(I would speak to an attorney to learn about the protections of your LLC).In regards to finding better loan terms; I would reach out to all local banks and credit unions within a 30-45 minute drive of your property.
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7 July 2021 | 2 replies
@Henry Clark -- I am sure I speak for everyone who has interacted with you on BiggerPockets -- thank you for your great advice, given so generously.
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5 July 2021 | 54 replies
I agree with the thought that there is no concept of 'passive' income so to speak.