Hello! I attended a couple of property workshops a few years back where the "gurus" emphasized the importance of holding properties under LLC to minimize the risks of losing your other assets in case someone or some t...
Ask them when the last time they took a course in tax theory was. A CPA is not required to take any CE in taxation after they have their license... So please do your due diligence as well. I know some very good CPA ...
I would love the BP Community's advice on a current situation with a gentleman. He brought a deal to my attention and I'd like feedback on what is fair compensation.
I met a man that mentioned he had a deal,...
Hi All,
I am wholesaling a property by selling the LLC I created for the property. My question is, what contract do I use to represent this agreement to sell and buy the LLC? A regular assignment contract doesn't...
I have become more interested about SDIRAs after seeing them advertised in BP's Wealth magazine and more recently after reading Matt Faircloth's book "Raising Private Capital" and have a few questions. I am looking to...
Hi, I'm new to RE investing... need you to comment on my thinking...I'm looking to purchase an 21 units apt building for $950k. I'm hoping to use $285k as a down pay from my 401k (through a Self Direct I presume). ...
If I'm using an LLC to purchase a property with a hard money loan, but I am borrowing money from a family member for the downpayment.. How would I receive that money from my family member? Would it go to my personal a...
Hello - I'm a real estate broker and investor with 27+ yrs in the industry however it's my first week as a BP Pro account user ;-) I have a private investor interested in a 5 unit building I have under contract. The ...
Just got off with an investor who was about to wire us money from Yieldstreet but his account with them is now frozen until further notice.
Apparently they use a third party to escrow all funds and that company has j...
Looking for an accountant specializing in real estate / tax accounting in South Florida. Any recommendations?