Hello all and thank you so much for maintaining such informative site. I am in TN and live in a home with its yard that turns out contains 4 lots. These lots just need to be reinstated and can be built on, a home on e...
Hey all need some advice. I want to buy an LLC. The mortgages on them is $450k. They appraised for $950k last year. The seller wants to avoid transfer tax and I want to avoid putting a down payment. The credit union w...
I am a newbie looking for my first deal (a duplex, triplex or fourplex), and I had the epiphony last week that every time I buy a home to live in, I should be applying the same strategies used on real estate investing...
I a seeking advice on getting my property out of an S Corp and into a regular LLC without triggering a taxable event. We do not have any basis in the S corp with which to take distributions.
For almost 3 years I've been purchasing buying and holding rentals. I've recently decided I want to flip some homes to escalate my ability to purchase more rentals.
The question I have is, if I haven't identified pr...
Hi! My dad and I are looking to get into real estate investing together and are wondering what we need to do before we get started? Mostly we are trying to make sure we don't have to pay a lot of extra taxes that coul...
Hi all,
I am hoping someone can help me understand something regarding foreclosures. About a year ago, my sister and brother in-law just walked away from their house on Long Island, NY (Suffolk County). They, like ...
Hello,Thank you for taking the time to read my post. My wife and I are trying to help my in-laws with their retirement plans. They currently own their home and are looking to retire in the next 5 years. My wife and I ...
Hi everyone. My wife and brother-in-law inherited their mother's house via a land trust and it was great in that it avoided probate. However, we are now looking into renting the property (single family home). My broth...
I just started RE investing around Oct and we want to make sure we get our taxes done and as well as all our education expenses. Need a trustworthy CPA who knows CA taxes any recommendations? We didn't make any profit...