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Do you provide your tax returns to your hard money lender?Do they require an appraisal and/or inspection?Thank you.
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I’m looking to flip some house with my self directed Ira. I will loan the money from a private lender through my self directed account. Seeing what the proper way to set it as for ubit tax if that applies and how peop...
Hello all.....
I'm just about to buy my second multifamily property and one of the advices that my uncle gave me was to max out my 401k. Now, don't get me wrong, he owns a franchise and also has about four rental pro...
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Does anyone had an experience investing in tax liens with the Tax Lien Wealth Builders?
Pros and Cons?
Thank you,
Elena
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Hello Everyone,I am in my mid fifties and thinking of how to best prepare for retirement. I have about $70,000 in a 401K and wondering if it would be wise take this money and invest it in a rental/cash flow property. ...
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I recently learned a few lessons in property taxes courtesy of the tax code and my mortgage company that I wanted to share so they don't catch anyone else off guard. In 2014 I purchased my first house down in Phenix C...
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I have recently bought 1 property, and am in the process of buying the second one. The first home collected rent December 1, and I earned 500 over what I owe. My second property should make 700 each month. My plan ...
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Hello, I need some help, please; I live in Canada and am virtually wholesaling in Houston, Texas. Based on my research for a business like wholesaling, an LLC would be best; it has been brought to my attention that if...
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I am doing couple of rehabs and wanted to bounce some ideas on possible ways of savings on taxes (legally). I have never put too much thought on taxes but with sales tax, and income taxes later, it can be substantial....
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By the time I pay all the taxes, insurance and interest on loans; I barely make any money. I would like to get help but lawyers and accountants take another bite out of my income. I am generating good income from my ...