Daniel J.
Taxes and how to structure a "Partnership"
Hey All,I have two different questions but they are ultimately linked. I'm super confused at this point on the tax advantages of buy and hold RE. I have been talking with my aunt who is a CPA here in the Houston, Texa...
George Torres
Using my 401k money to pay for my first Investment Property
Hey guys, I'm a young investor and I currently have about 95% of my savings in my 401k. I no longer work for the employer I had the 401k with (if that even makes a difference, I don't know). But I really want to get s...
Barry Je
Weird situation - what would your strategy be?
Let’s say you’re able to invest 30k a month for 4 years and after that your funds available drops down to basically nothing - forced early retirement.What would your strategy be to live the rest of your life with an a...
Kenny Anderson
Place my Primary Residence in a Trust, and then assign to LLC?
Hello PB...Glad to be back here on this awesome platform. I've been away because of many things, i.e. looking for propety in Jersey (will live in, then rent out) and starting an ecommerce business...www.flipflopsn...
Mrinal Parashar
Partnership with investors and how to do it
Two of my friends approached me and want to invest with me in real estate. I told them we can do a small deal and see how it goes. The problem I have is- how much does an individual put in and how is the profit distri...
David Sisson
How to deal with expenses paid out of pocket?
Hi, I'm a new owner of a distressed commercial property. The property is owned by a LLC. I own the LLC outright. I've set up a separate bank account for the LLC, and am tracking all expenses through quickbooks.I've be...
Dori Komarin
Joint Venture?
Hi,
I'm new to the forum but not completely new to RE. We are buy and hold (rent) investors. My husband and I have a 1 bedroom condo and a 5 bedroom house in Las Vegas, and a 3 bedroom house in the Poconos ...
Barry Wong
What questions should I ask when interviewing a management company?
Hello BP,I have a STR in Palm Springs, CA, and starting to interview management companies. What are some questions I should ask when interviewing them?Thank you,Barry
Nirzhar Kar
How do i pay taxes on profits on flips?
I am going to invest on my first flip with a small group of 3 other investors (family/friends). I am wondering how i deal with tax ? Say i make 50k in profits. Do i pay the tax on the 50k and then distribute everyones...
Matt N.
Inspector did not Perform all services
We had an inspector come out to inspect our property and perform the sewer lateral inspection. General inspection was fine. The guy spent most of the time talking and bashing other companies but it went ok. Sewer late...