Real estate agent? Accountant? Grocery store manager? Pizza delivery guy?Just out of curiosity, what was your job before you decided (or were able) to live off your investments? Doesn't matter how high/low paying or u...
I hope everybody is having a great day . I need some light into a question I have. I am considering to create LLC’s for my properties , perhaps a series LLC. I read that no matter how good is the structure you set...
Here comes another issue as I am just getting into tax liens. I have an LLC in NM for general purposes which I have applied to register as a foreign LLC in AZ where I am purchasing tax liens, going into foreclosure n...
I want to secure rental properties I purchase under my LLC to mitigate risk but have run into a few hurdles. I own one rental property outright and am seeking financing to purchase another property. I also have a...
Hello BP,If I take a HELOC on my personal residence, can the interest on this loan be tax deducted? The funds from the HELOC will be used to purchase additional investment properties.Thanks
Hello BP Community,If any experienced private money lenders are reading this please give your opinion on this matter. I recently got into contact with a private lender (or so he says) by the name of Ludwig William and...
hey i need advice from a cpa. I plan to start marketing for my wholesaling business and will also need printer pc etc. How do i go about doing that I have one rental now which i conduct all my rental related costs un...
I am in the Kansas City Missouri area and new to real estate. I have a line of credit through my bank but can not get a loan to purchase property if I was to give up my first born. To start I have an excellent cred...
I am looking to rehab several multi unit residential properties over the next year, and instead of focusing on selling them, I plan on refinancing them, pulling out some of the equity and keeping them as rentals. Thes...
Will, I have a followup question to your suggestion. It's a bit off-topic now because the OP indicated he didn't use cash, but I'm thinking others might be interested in your answer, too.
Let's say the house was pur...