O'brian R.
Should I Look for a New Tax Professional?
Recently, I received a rather rude email from my tax professional in response to an email I sent that simply asked clarification regarding a 1099. In short, he said he did not want to continue emailing me if he was go...
Account Closed
Tristam Griffith - found an awesome Realtor in Columbus, Ohio
Hi allI started my investment journey buy researching multiple markets that would cash flow with a relatively low entry price.In the end I decided on Columbus , Ohio. Part of the process was finding a good realtor. ...
Casey Mericle
SDIRA Expert Question
BPers,Let's say two SDIRAs invest in a trust. SDIRA #1 investing $80,000 and SDIRA #2 investing $20,000. Is there a way to split profits in any other way than the percentage that goes in (80/20) in this case? Could...
Daniel Shuler
Seller Financing Down Payment + 1031 Exchange
Hi all,I've been all over these forum posts trying to find this answer and I keep going back and forth on whether it can or can't be done, so decided to reach out to some of you experts here.I'm trying to figure out i...
Brian Adams
How does the IRS tax an Acquisition Fee?
I recently closed a 240 unit deal and in my deals as the syndicator, I received an acquisition fee for putting the deal together.My background is a CPA so I feel I have a pretty good understanding on how the fee shoul...
Doug Caminita
Do I need a Wyoming LLC
Hello - I own a few properties and am involved in a couple of syndications. Recently, I spoke with Anderson Tax Advisers regarding my asset protection setup.They recommended a Wyoming LLC as a holding company and for ...
John Veatch
Land Title Surveys
I have just returned to the No. Va. from S.W. Fla.and I’m puzzled about what is happening at the settlement table here.Now as a Realtor I am well aware that the settlement agent conducting the closing will tell anyone...
Tony Nguyen
For Commercial Sales - Do you use the same purchase contract as Residential Sales?
I am thinking NO, but I am just double checking. As you can see, I haven't done any commercial sales and need to write a contract, but am not sure if it's the same contract or not. In addition, the franchised real est...
Brandon Paul
What qualities makes a realtor a good fit for a REI?
What qualities makes a realtor a good fit for a REI?Obviously things like professionalism, experience, integrity, good character, etc. are important.But specifically, are some realtors better suited to serve REIs than...
Mark W.
Hello from Rochester, NY
Just found the site the other day, I've been looking for a high-traffic REI forum. Own a duplex which I live in at the moment, but looking to convert both sides into rentals and picking up some more properties in the...