Jesse L. Berard
WY LLC Live in Massachusetts
Hi all,I tried a search however I could not find what I was looking for. Hopefully someone could help me out and point me in the right direction. I am looking to invest in single family houses for monthly cash flow. I...
Gabriela Rezende
Tax Deductions for the Strategic STR Host or Owner
Short-term rental marketplaces such as Airbnb, HomeAway, and Vrbo have made it easy for homeowners and property managers to market their rental property. Experienced operators know that in order to succeed, you need t...
Thorsten Ziehme
Condo. How much is this really going to cost?
Hi,
This is my first post on this forum so I’d like to say hello to y’all. I am a native German and live in Greenville, SC w/ my American wife and three kids. We just started looking into buying a condo at the beach....
Curt Smith
filing taxes on a note that I foreclosed on AND got the property back a low FMV.
I did search BP on this topic. Apologies if I missed a thread! I am almost an expert in RE taxes and self file. Just currious re any unforeseen issues with foreclosing the note AND getting the property back with F...
Wayne Stevens
Closing Cost, Taxes, Escrow and sellers concession - NY
Hey all,I recently asked the loan officer I'm dealing with for a breakdown of what I'll need for closing cost aside from my down payment. I am doing a FHA loan. This is what he wrote to me and just want to make sure t...
Samuel Choi
Infinite Banking Concept [aka Life Insurance]
I recently listened to the Millennial Money Podcast where Chris Naugle talks about using a specific type of life insurance policy to "become your own bank" and build a foundation for wealthy building.The idea is that ...
Stephen Moore
What are the dangers of Tax Lien Purchases?
We are reading and studying about buying properties saddled with tax liens... as this sounds promising, I'm sure there are hidden risks. Any advice or experiences are welcome. Thank you.
Abhijit Joshi
LLC or Nah?
Hello Members,My friend and I are both first time investors and will be investing in real estate within the next six months. We have been researching whether or not to create an LLC. We haven't had too much success in...
Jayden Hamilton
My taxes on my rental properties are very high
Is it worth going to the courthouse to protest my taxes being too high, do you think I will win and get the taxes reduced or usually the city won't reduce it?
Moshe Wedeck
LLC for Personal Use
Hi All, Does anyone have experience with use of an LLC or S-Corp for personal use. I am considering using one to serve as a pass through account for various small business ventures. Any information would be appreciate...