Hi everyone,I am getting into wholesaling and lease options. Note buying after a downturn. Including my day job (135k/yr) that means a whole lot of taxes to pay.Does anyone have advise on how to reduce taxes for someo...
Hello everyone! I was sitting here wondering what’s the best way to do this. I’ve just completed my flip house and am walking away with a decent profit approximately $50,000. My question is what’s the best way to take...
I receive the majority of my income through Buy & Hold Real Estate and am looking for a way to calculate how much I make a year, sounds simple right? I currently own 90+ rentals and buy 20+ properties a year usin...
We bought our property back in January. Our goal is to buy a property a year so I thought it was a good idea to open a LLP to manage said properties. recently we discussed this with an accountant and he said there wer...
I have been knocking this around in my head and wanted to open it up for discussion.
Goal: Create long term passive income
Timeline: Approx 50 years
Proposed Method: Earth Sheltered Multi-family Units
Question...
Hi All,
I own residential rentals in Miami with long term tenants, but was recently looking into mid term rentals to rent to traveling, nurses, etc.
can anyone please share there experience regarding occupancy rate...
I've got client with a question relating to capital gains taxes on the sale of an investment property. If you have any familiarity with capital gains taxes/depreciation please chime in.He bought a single family house ...
I understand the basic calculation of cap rate and COC. I am wondering if certain expenses should be factored into these calculations.Specifically If I plan to put aside cash reserves at the purchase of a property (6...
I have acquired 2 SFHBoth cash flow at least 10% cash on cash roi 1 loan at 3.75. Another 4.125. Both 30 yearEach one required about $35,000 due at closing (including closing costs) for 25% downPut about $5,000 into e...
Hello BP
I have 8 homes that I currently own and all have been rented with no issues. I am thinking about selling one to make money to pay off debt which is currently the house I live in. it should bring me I hope 12...