Gary Fox
Ownership by Contributed Capital vs by Tax Capital Accounts in small syndications
4 March 2024 | 34 replies
(My current real estate attny is not sufficiently versed in newer tax law to make this determination without input.)
Andrew Hinspater
LLC in State or Out of State?
5 March 2024 | 4 replies
Have the deed holder be an entity (the exact entity and state of filing should be determined by your legal counsel with input from your tax professional). 2.
Dominic Nguyen
Buying house from neighbor without a real estate agent
5 March 2024 | 12 replies
Realtors are well versed in contract law and verbiage to help avoid issues during and after closing.Agents also work closely with the Bank/Lender to help the buyers and sellers close on time and without issues.
Aaron Landau
Paying taxes on rental income
4 March 2024 | 12 replies
Yes, rental income is taxed as ordinary income.
James Likis
Family/Boots on the Ground compensation?
6 March 2024 | 5 replies
My in-laws would be our go to folks to have eyes on the rehab process and walk rehabs on a regular basis.
Daniel Kosciuszko
North Jersey, Lehigh Valley, or Philly
6 March 2024 | 13 replies
PA landlord laws are friendlier than Phila city and NJ.
Bruce D. Kowal
Leader of Real Estate Investment Firm Admits Role in $658 Million Ponzi Scheme
7 March 2024 | 8 replies
Leader of Real Estate Investment Firm Admits Role in $658 Million Ponzi Scheme and Multimillion-Dollar Tax Evasion ConspiracyAnyone heard of these guys?
Jacob Lockard
Looking for advice to either continue my STR or sell
6 March 2024 | 22 replies
If so, then it should be a tax free sale.
Daniel Bernstein
Mortgage wrap deal
6 March 2024 | 4 replies
Through “creative” “lawyering” a borrower can utilize TRO orders, pauper affidavits, state foreclosure laws, and bankruptcy filings to tie up any foreclosure 3 years or more.
Emma Hustis
How do I analyze a Self Storage Deal?
6 March 2024 | 9 replies
You need to get your own insurance quote, understand what YOUR tax bill will be (will the assessor revalue the property to purchase price right away?)