Hello All,I was curious if there are target metrics specifically in respect to the following from the [perspective of Risk/Target profile of deal:1. Purchase price per unit: is there a target range for this price per ...
WOW, were were looking into putting our few units into an LLC to protect our personal assets in case tenants sue, and my accountant just advised me that apart from paying to FORM an LLC, there will also be an 800$ tax...
I am at a complete loss! My SFH (3/1.5, 2car garage, fenced)has been for rent on Zillow/hotpads/trulia for > 1 month. asking very reasonable rent (below other similar properties now). I have had >100 inquirie...
Hi All! I am in the process of creating my first LLC with a lawyer. I am planning on buying my first property this summer through this LLC. It will be a single member LLC. I will have a separate bank account for the L...
The real estate professional rule states:"A taxpayer will be considered a real estate professional if (1) more than one-half of the total personal services the taxpayer performs in trades or businesses are performed i...
Let’s play a game. I’ll tell you why I’m betting heavily into the Phoenix real estate market. I’ll detail the stakes. I’ll outline my reasoning and then you get to poke a thousand holes in my theory. Ready? Go!!The St...
Greetings,
I am a newbie and I wanted to see if anyone had any suggestions on how to get out of the deal I made. My loan is with New Century.
Last year I purchased a house through a supposed "mentor" for 198k with a...
I was picking up the rent from one of my tenants tonight, and it occurred to me when they pulled up....every single one of my tenants has a considerably nicer car than me. Also almost all of my tenants (Except the one...
Shelby County, Alabama kicked off the spring tax lien investing season with a bang on March 27, 2017. The big investors bid down redemption income to an average of 6% but that's still a respectable return in today's ...