Ryan Best
Condo parking spot error on appraisal, tax rolls, MLS...!
My first flip in Studio City, CA and everything was going excellent bought the property at a good price, began repairs, and along the process began asking my realtor and others where my two parking spaces that the ta...
Stephen N.
How much do I pay for this?
My dad is a contractor and he has been instrumental in helping me buy my first reo property. He has inspected the house and determined what work needs to be done on it. He will also have one of his guys serve as the...
Brandon Craig
Partnership Profit Structure
Hi All,New investor that just got pre approved for a combined loan with my business partner. On this first deal I’ll likely be putting in 25% of the down payment and he will do 75% due to having more capital. We are l...
Arshad Hussain
CPA is refusing to include solo 401k in the tax return
My CPA says solo 401k is not allowed in my condition while several providers say it is allowed , who should I listen to. I want to use solo 401k so how can i convince my CPA. He says this link not applies:https://www....
Bryan Hancock
Working For Promotes Or Compensatory Shares To Reduce Taxes
We're doing some planning for next year for taxes and what is becoming increasingly clear is how stupid our tax system is. Projects we set up as syndications where we're contributing both labor and capital can be str...
Robert Stamper
401K Solo contribution limits.
Hi everyone. Are 401K solo contributions limited to the amount of income made in the single member LLC? Example. Let's say I made $1,000,000 on a W2 job and made $10K on a single member LLC. Could I put $50K in ...
Sharon Anschultz
How to compensate a broker for researching deal won at auction...
I have a wonderful gentleman who helped me complete my first remote investment in Florida. The property was an auction property and for particular asset that I won, the Auction said the bank was not paying a commissi...
Charlotte Dunford
Fellow syndicators! Telling LP's about my fees
Hi all. Any syndicators here? I am making a company presentation to tell my LP's about what I do and my investment strategies, and how I can serve them. Etc. I included a slide for how they get paid, and how I get pai...
Matthew Bailey
Forums/Groups/(dare I say, coaches?!) for scaling a wholesale biz
Hey BP folks! I run a real estate wholesale business. Technically I wholetail vacant land, I.e. I buy and sell parcels of land (not assigning the contracts). Year to date (~8 months) I've sold 22 properties and the...
Jemma Jacques
DSCR Loan options
Hi there,I am looking to buy a set of 3 duplexes (that are $125k each) Id like to buy either one or all of them, wondering if I buy 2 or three if I can roll them into one DSCR loan to save on all the fees. Also what q...