Hi All.
I am purchasing a four-unit, all one-bedroom apartment. It is a very good deal, especially because of the value-add with the giant garage in the back. However, one problem is the house has only one electric...
We are new investors and asset protection is important to us so we are looking to form LLCs for our rentals. We met with a lawyer recommending a series LLC which sounds great but they had a hefty price tag associated ...
And by far, is income taxes. I know there are tremendous legal methods how to not pay income taxes, or to pay very little. Judge Learned Hand(his real name!) once said in a court case " it is the right of every Americ...
Can anyone explain how purchasing real estate with your ira(or roth ira) works?
How many days do I have to give a tenant to leave for stealing power? She has paid her rents, but I just found out she's been stealing power since May. I got a call from police and city inspectors about it. Now the p...
I am purchasing a condo from Countrywide REO in Florida. We ran into trouble with the HOA. It seems that when a condo goes into foreclosure the banks stop paying the fees. Countrywide has agrees to pay all back fe...
Please forgive me it this ground has already been covered, but I've read that I can use the money in my (and husband's) ROTH IRA to fund investments, but better to put them in an LLC that I can manage the checkbook. I...
Does anyone do cost segregation for SFRs and rental properties? I’m trying to learn how to do this, especially since I’m in the 37% tax bracket. Any advice and direction is greatly appreciated! Thanks!
I have a solo 401K. From what I understand; I can use the account to purchase properties so long as I use a non-recourse loan as I am not allowed to personally guarantee a loan using the account. I'd love to know if a...