29 August 2018 | 152 replies
I’m wondering if I could create a note and sell that or offer an investor a note for cash and financial statement any ideas?
19 September 2018 | 5 replies
Spousal ContributionThe Tax Reform Act of 1976 created spousal IRA contributions under IRC Sec. 219(c).
27 August 2018 | 5 replies
It may make more sense to be a lender to other flippers or invest in rental properties - both of which create passive (non taxed) earning in an IRA.
27 August 2018 | 1 reply
It just may not be feasible or wise to spend the time to create a database, maintain contact with owners, lenders and prospective buyers when there are few transactions).Conversely, available product is scarce in major markets, and as a result, a MHRV broker in a nearby state likely knows many eager qualified buyers.In large markets, I think posting a listing on Loopnet or other listing sites can be the kiss of death for a good quality/easily financeable property – before you know it, tenants and employees are alerted, and you have a bunch of worried employees and tenants on your hands.
5 September 2018 | 68 replies
Find a way to create another bedroom that pumps out income.
11 September 2018 | 7 replies
But after the sale you can reassign the beneficiary to your LLC without having to create a new deed and pay new registration and transfer stamps or taxes.
28 August 2018 | 8 replies
The new owner will be held accountable for creating a final report on return (or retention) of the security deposit when the tenant moves out (whether or not they received the security deposit funds at the time of sale.)
28 August 2018 | 3 replies
Hi BP,I am curious, I just recently created a new LLC and never used a LLC to purchase a home before.
18 May 2022 | 28 replies
I am looking forward to finishing it soon and doing the REFI so see how much equity I have created!
28 August 2018 | 3 replies
So just wait until you find the right market/propertyWhether to create an LLC is a more complex question.