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Hi Everyone, I am a residential flipper in Atlanta, GA and I have a few questions regarding private money lenders. I have personally flipped 2 homes, but I am now in the process of developing a business plan to solici...
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Friday September 5th 2008 Fannie issued an announcement pertaining to what most of us expected was coming. This has been a topic misunderstood by many investors and even mortgage brokers. Over the last several months ...
Hello,I do real estate flips currently under my own name (I know lots of liability risk), but the up side is I pay capital gains tax at a lower rate then a pass through LLC.Can I create an LLC that has no income, so t...
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Hello allI am a wholesaler and would like some advice from investors or other wholesalers who have insight on this situation. After cold calling a off market property and coming to an agreed price with the owner, I se...
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I made a mistake in trying to help someone out. Now I need to clean it up. I’m in the Army and purchased a house, came down on orders to move 6 months later. Had just started renovations and was on the clock to finish...
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Hello, My name is Kasey Gillis I’m originally from NY but recently relocated to Florida. I am brand new to the real estate game but have been reading up on wholesalers and am interested in gaining the necessary tools ...
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The first question is what percentage of tax do I pay on a home that I flip within 1 yr?what percentage after the 1st year. I believe that the capital gain tax does not apply on a sale after 2 years at the primary...
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Hello, I am considering accepting Section 8 voucher tenants for my SFH and small MF rentals in Travis County. After reading previous forum posts, I've come to find out Section 8 can be tenant or landlord "friendly" bu...
I am about to use a portion of my IRA and invest in a few properties. I wanted to get some insights from folks on their experience. Positive? Cautious?
Thanks
Tom
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...so has anyone done this to save money? It’s a rental.The original 25 year old brown registers are rusted and some may be worn that would likely need replacing. I’m looking at those that are just rusted and still wo...