James Burrow
Frustrated by lack of cash flow properties in our region
Hello all. My name is Scott. My wife and I are just beginning our investment journey in real estate. I just turned 50, so I feel some pressure to get started quickly given we are late in the game. Our local market...
Nur Al Sharif
Leasing to an Owned C-Corp which then leases to third party?
Hi all, I came across an article detailing why a C-Corp should never own property, but should opt to lease it instead. (https://www.thetaxadviser.com/issues/2018/sep/leas...) This led me to think of a scenario. Not s...
Sue Loomans
What to do with a $0 "free" house?
Hi all, My company has been offered a house for free from an estate. We're a social enterprise type of company, so the family felt good about donating vs. selling. The home needs about $15k of mostly cosmetic work,...
David Y M.
How to Do Real Estate Partnership without 1065
I've read that you can file real estate partnerships without actually filing a 1065."The IRS and the courts have stated that mere co-ownership, rental, and maintenance of real property does not create a partnership fo...
Account Closed
Organizing Lead Lists- Wholesale, Rental, Flips, Etc.
Ok I need a little help here. I am sure the answer is really simple but at this point I "can’t see the forest through the trees" lol. BTW I am doing this to start off wholesaling until I generate enough capital to pur...
Joshua Dorkin
Should People Buy or Rent in Overheated Bubble Markets?
The housing market has been crazy in Southern California and Los Angeles for a while now. Black Enterprise just came out today with an article stating that LA housing is still not that affordable.
What should peop...
Joshua Pope
When is it syndication?
I’ve done some flips in the past using multiple investors. I’m thinking about buying a portfolio and would need to get 5+ investors together. Can I do this without it being classified as a syndication?
James Wang
Looking for advice and Guidance, Becoming a realtor in NYC
Hi all, My name is James and located in New York City. I am currently in the process of getting my realtor license. I am looking to connect with more experienced realtors to figure out what I should expect and what sp...
Andres Vanegas
Partner's Self-Directed IRA for Downpayment on Hard Money Loan
Hey all,Just got a foreclosure property offer accepted. My numbers check out for a BRRR but I do have some questions on my downpayment for the Hard Money Loan (HML). I have a partner whose self directed IRA we want to...
Nicholas Broussard
401k Rollover Options
Folks,Are there any other options for utilizing my 401k besides a SD-IRA? Here's the situation, I was laid off last week, so I'm jumping into REI full time. I have other capital to use as well, but I also have to cons...