James Sanchez
SDIRA/LLC
17 February 2021 | 13 replies
@James Sanchez You must speak with a qualified attorney if you are considering something like this.It can (generally) be done, but must be established and operated properly.
Account Closed
Ethics (not morals) and Loopholes. Which ones have you used and why?
19 April 2015 | 19 replies
That said it is always done in accordance to the letter of the law (to the best it can be interpreted by my professional consultants) and under the guidance of my Tax attorney, CPA and other advisors I use for both short and long term goalsEveryone needs to understand that there are enough laws out there to nail anyone if the powers to be want you nailed, there really isn't some unique law or regulation that will be avoided the same way for multiple operators, your case will always be different.Lastly, Unfortunately I am not an expert in many things.
Jason Garrison
No liquid cash
5 May 2015 | 14 replies
Once that is established, look at you finances to see if you could weather a bad real estate situation.
Robbie Knecht
New Investor with little cash and underdeveloped credit score.
19 August 2015 | 11 replies
I am 19 years old so i havent really established a credit score yet and have saved up about 6k.
Cam Outlaw
Wholesing
29 August 2015 | 2 replies
Get your business structure established and make a business plan.
Elisha Buckingham
Found great property 21k home value 400k-600k but 2 hours away..
3 September 2015 | 10 replies
Thank you everyone for you advice, and input, I did contact the bank and broker got back to me, I talked to my financial advisor who was my professor in my economics class and who I had also owned a mortgage company for 30+ years and who I am also seeking investment advice from, since he has years building portfolios for his clients and he informed me as well that properties like these receive plenty of offers and usually end up being higher than the asking price and that they also can come along with a lot of taxes that the previous owners did not pay.
Chad G.
NYC Financial Planner
20 January 2016 | 0 replies
Is anyone aware of any financial planners/advisors in the greater NYC metro that are also active real estate investors?
Michael Wentzel
Steps for a foreign investor to buy in the US?
21 March 2016 | 5 replies
Your guy from the Netherlands needs to establish a LLC which will own the properties.One additional step involves filing paperwork with the IRS.
Charles Jessup
How can I reduce capital gains tax on a new rental home?
1 May 2016 | 11 replies
The vast majority of advisors generally recommend that you hold as rental/investment property for 24 months and then you have an additional 12 months in which to market and sell your property and still qualify for the 121 Exclusion.
Patrick Sanders
Atlanta
24 September 2016 | 32 replies
Even though it may pay off in the long run years down the line, Atlanta has plenty of rent friendly areas that are already well established that will give you a great return on your investment.