I'm a new real estate investor currently in the process of closing on my first property. It is a duplex in Philadelphia, PA that is currently fully rented. As I am not intending to live in the property I was looking a...
should wholesales be done under my LLC or separate under my personal name. Trying to safe as much money as I can tax wise on every deal
When getting under contract, should I apply for a title search during the due diligence or will the escrow/title company be doing that for me? I want to know if it's worth paying the extra money to conduct a title sea...
Wholesaler here. If i have an FSBO home ARV is 900k (Probate Lead) He wants 625k. House Estimated value is 817k as is. Completley outdated from 2001 3800sqft 1.3 acre lot. Do i still use 70% rule for a house of this A...
I have a two parter. See bold, CAPS for each section.OPEN SPACE IN OUR MASTERMIND GROUPI run a small mastermind group in the DC Metro area. We also are looking to expand, but want to make sure that we don't run into...
I am interested in hotels that need some love and attention. My focus is 100 rooms or more, motivated sellers, in an area that would be conducive to extended stays, where we can do some renovations and apply proven m...
Here's a question for all you probate attorneys out there. My guess is that it's a softball but google couldn't even hit a slow pitch so here I am. Scenario: Two brothers own a piece of real property together 50/50. ...
Greetings BP,So, I just set up a lease for my home. Single Family. Tenant will be moving in next saturday 28th. Now, I set it up under my name, but can I change over to a business later?Also, I've bought a second home...
Quick Facts About Our Main Event (Monthly Meeting)What: The REIA NYC Main Event (Monthly Meeting)When: Thursday, September 8, 2016 at 6:00 PM til 10:00 PMWhere: TRYP By Wyndham Times Square South; 345 W 35th St, New Y...
Hi! I really need your help to understand this issue. "Under the Foreign Investment Real Property Tax Act (FIRPTA), when a US non-resident sells real property, 10% of the gross sale price will be withheld for the IRS ...