The property is a 5 unit light industrial building. It was built by my father who was self employed as retirement income for him and my mother, who was a stay-at-home mother and also assisted him in his business. One ...
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Hey BP! I work for my brother who owns a rental company for heavy equipment in Sacramento. We are getting killed with taxes and fees for the equipment we own. Is there a way to use real estate for some tax relief? If ...
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Hi! I've developed a successful Wholesale Business in Louisville, KY that has made close to 6 figures this year and has had growing profits for the past 3 years, I'm getting into Commercial and Leaving Residential and...
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Interested for 9 years, but just joined pro yesterday! Feeling a LITTLE overwhelmed but VERY excited about how MANY things there are to review. Not sure which strategy I want to do but I think ... fix and flip and al...
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Hey guys. I was going to post a thread about what we do in our off time besides real estate.
I train and fight among other things. I only have 1 of my early fights on the internet. I have some more I need to convert...
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In another thread, @Chris Seveny and @Tracy Z. Rewey mentioned that investing for passive income in notes (performing notes/monthly cash flow) isn't great from a tax perspective, and you should use that in a tax defer...
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Hey everybody, New to this site but I'm really enjoying the wealth of information and discussion here. I've found myself at a bit of a crossroads. I am currently at a top law school and will likely be joining the rea...
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I have a handful of properties which are all managed by the same property manager. They use Rent Manager, and I'm able to log in and view all the standard reports as well as a complete general ledger detail. However, ...
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I currently have about $30k in my Roth IRA. If I understand this correctly, I think I could pull out only the contributions and not be taxed and penalty free. So, would it make sense to pull out the contribution porti...
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Hello! I have a lead on a home owned free and clear in distressed condition. I also know the owners really don't have the time needed to fix it up and rent it out due to health problems of one of the owners. Been ...