Hi Everyone!I'm looking for some advice. I am considering starting a real estate partnership business in the Atlanta area (hold or flip) but would like if someone could outline at a high-level the preliminary steps i...
❌ Stop dividing the NOI by a cap rate to find the value of a deal.
When I come across a potential deal, that's the last thing I do.
It's pointless
→ I want to evaluate how the property is performing NOW
→ Where i...
I recently heard on a podcast that you could use money from a self directed IRA as earnest money for a wholesale deal, and then when you flip or assign the contract, the money you make from it would be tax free appare...
Ignore the title of the post, please. I can't change it. Hi, As I research structuring, I have a few questions. Any help is greatly appreciated. Assume a sole prop Owner moving property management to member managed...
Just getting set up with necessary information to get started in the business and through educating myself I have decided that in order for my business to run and for personal protection we will need to form an LLC. ...
I have a business that I make good money with plus a 401K I can pledge as collateral. On the other hand, my Houston real estate business is new with no tract record or financials. Would it be unethical for me to get a...
Hey BP Community!I have another question regarding the organization of your contacts. I've started to reach out to people in my state that are involved or are going to be involved in the Real Estate Investing business...
What are the general tests for material participation? This question comes up all the time. As tax professionals, we want to get the word out for those considering a real estate professional designation.
Ok. Here we ...
I became disabled a year ago from a workmans comp injury. I am 46 years old and would like to find an absentee owner business. I was considering moni storage.Any ideas would be greatly appreciated. Im looking to sta...
Hey BP,I'd like to get your feedback on how my father should be paid from my flips. First off, we have a great relationship that I wouldn't want to jeopardize over business so I'd like to present him with the fairest ...