Wonderful Togbey
What gets you excited about real estate investing in Chicago?
11 May 2020 | 14 replies
Chicagoland including the city proper and all of the surrounding towns, villages, suburbs.
Pedro Bartolomei
Separate llc for each investment property?
10 May 2020 | 17 replies
@Pedro Bartolomei It depends on a lot of factors, one thing in my state with a minimum of $800 annual fee for each LLC, having one per property starts adding up to quite a bit where for the price of one of the LLCs or so you can get tons of liability coverage and umbrella policy.Regardless, having proper insurance is important because it is probably more likely getting into a car accident and sued than having a tenant sue . when something like the first scenario happens it wont matter if you have 1 LLC or dozens.
Nicholas DeFelice
Questions Regarding "turnkey" Investments
9 May 2020 | 8 replies
Ultimately though, the most important thing even over doing company vetting, is knowing how to do proper levels of property due diligence.
Daniel Sabato
Questions about Escrow
9 May 2020 | 3 replies
Each year, the bank will settle up to make sure it’s properly funded.
Lesley Resnick
We could all use a little diversion - best street names
31 May 2020 | 39 replies
Barges would land and move the pork and lard farther down the Allegheny River to the city center proper and up the Ohio River to supply all the river communities between Pittsburgh and Cincinnati.
Andrey Y.
QBI deductions - Tax considerations for K-1 syndication investors
11 May 2020 | 10 replies
Every one of these should be considered at a separate trade or business level.If you decide the disregard the QBI reporting all together because you don't want to contend with the software you will either be throwing out a deduction of up to 20% of the income the activity is throwing off, or you'll be messing up your QBI loss reporting by not having the proper carryforwards and end up claiming too much of a QBI deduction in future years.
Paul Shannon
Most Over/Under Valued Market In USA
9 May 2020 | 2 replies
Real estate is always slow to react to current events.
Andrew Adam
A brick 14-Plex in Sioux Falls
8 May 2020 | 1 reply
The building was built for the proper amount of units.
Rick Martinez
Tenancy In Common question
13 May 2020 | 1 reply
Hello everyone, Long story short...1.1 million dollar property, considered single family unit, two separate units, 1 garage 1st individual invested $437,000; average credit2nd individual invested $70,000; excellent creditTogether, they split the mortgage and other expenses (property tax, insurance, etc...) 50/50 How would you properly prepare a T.I.C. for this kind of scenario?
Tommy Adeoye
Will you consider zillow, redfin and trulia for your first deal.
10 May 2020 | 7 replies
Does this seem like the proper approach?