Fran Arti
Buying all cash and then finance
Yesterday a somebody told me that he could have bought an apartment building in my city during the lockdown with almost 30% discount because the buyer needed liquidity urgently. This rose up a question in my head. I t...
Jackson Tate
Strategies for Taxes on Long Term Sale?
My dad is going to be selling his home soon, a house he has lived in for almost 40 years. He will more than likely be able to sell it for close to $2M, and his basis is probably around 500k. This sale is what is going...
Kathy Leach
Using 401k vs. HELOC vs. Home Equity loan for STR Down Payment
Hello. I am new to real estate investing planning to buy my first STR in 2023, I am saving for cash down payment but wondering if taking a loan from my 401k would be a way for me to make this purchase sooner if the ri...
Account Closed
Business Entity for The Note Business
I'm about to start a business entity in California but I'm not sure which entity structure would work the best for my Note business. Currently my focus is on seller carry back notes, but I'd like entity to be flexible...
Ryan Gillis
How does transfer tax work when wholesaling (Pennsylvania)?
I'm playing middleman between a seller and buyer. When do I pay it? Do I pay both of the double taxes? Can I use transactional funding for it? What should I know?
Justin Frye
How to handle an evicted tenant who still has stuff in the house.
Hello everybody so I'm having trouble on how exactly I should handle this specific situation. So my tenant was evicted on the 30th of June and has completely moved out without me having to red tag the door prior to he...
Colton Saucier
Maximize Deductions For High Income Earners
*Incomes over 8-Figures*So I’ve tried to avoid publicly coming out as far as what my financial situation will look like going into 2021, however I keep getting conflicting advice from each new CPA and tax attorney I s...
Aaron Faulk
What to pay a partner/cold caller who is helping me call through lists to start out?
So i have a friend who lives far out of the area who is looking to help launch a my wholesaling company. I want to start out solidifying my ability to source and control my lead gen and to feed my future efforts of fl...
Carline Lafaille
Starting out in todays market
Hello All,I am very new to real estate investing, I have a full time job making 47k a year. I have no debt, excellent credit but I have no savings.I heard there are ways to buy properties with little to no down paymen...
Steve Pickenpaugh
cash out refi a good deal?
Hi guys hoping to get some feedback on an offer from TIAA for a cash out refi on my residence. It looks expensive, especially closing costs. I'm trying to position myself to have as much cash on hand as possible in th...