Gary Fox
Ownership by Contributed Capital vs by Tax Capital Accounts in small syndications
Found this site looking for a JD or CPA (or JD/CPA) to answer one question. Sole manager for these (small, < 2.5M in investor funds max) syndications has been convinced by his CPA that the only IRS-compliant metho...
Chris Yeung
Investing in Norada Funding's notes
Has anyone in the BP community dealt with Norada funding? This is a sister company of Norada Real Estate. They're opening up some investment opportunities for 24 months. Rates are pretty high (12-15% with an additiona...
Jeff Lulek
What tax benefits can high income earner get from real estate?
I have always been curious how how significant my tax benefits can be from the purchase of real estate. So a little background info on me so you understand why I ask the question.... I am a current multi-unit restaura...
Ryan Fahey
Fannie Mae (Conventional) Loan and Wanting to Close with Land Trust
Hi all, I have a Wyoming Holding company and Arizona LLC created. I am open in escrow on an investment property that I'm doing with a Fannie Mae loan. I'd love to close with my name not on the title. I know land trust...
Tomiko Graves
Should I register as a business (LLC) before I get started?
With the tax breaks that come along with owning a business, should I register as a business before I start flipping houses? I'm just concerned that the money gained will count as income which could be a tax nightmare.
Alan Gomez
Dealing with probate issues in an estate sale (Chicago)
Hello Forum,
Well it seems I find myself in a situation. I have a contract for my first fix n flip up in the air. I have saved around 100k and have the house locked in for 57 with about 25 in repairs and an arv of ab...
Rizwan Alam
How to get private family money for buy and hold properties?
Okay so this is a tough question and I read some of the other similar threads here and most of you believe this is quite impossible.
Here's the thing, I have some cash saved up and I will be buying 2 house...
Carnet Williams
1031, TIC Agreement, Debt sharing agreement
Greetings. I have been searching the forums and still have questions regarding my situation. 1) I own two one bedroom apartments in Minn that are in *my name with my wife* that we are in the process of selling to do a...
Aries Li
How to Pull fund out from LLC after Refinance
Hi,I have accumulated several single family houses in Indianapolis and was thinking about refinance and move them from my name to LLC. Assuming I was about the do a cash-out refinance using a portfolio loan, the fund ...
Jasmine Vida
Should I install gutters
Hey there, I was looking to get opinions on installing gutters on my rental properties. Do they add value to the house at all or have any other benefits than just rerouting water?