Joe Au
Good Debt vs Bad Debt
Is there a such thing as good debt?If I have to categorize debt, I would say the debt I am paying for, it's bad debt. A debt someone else is paying for, it's good debt.Which means, if I have a mortgage on my house and...
Jill DeWit
Buying/Selling Rural Land Out of State
Hi @Geoffrey W.Glad we are connected and happy to answer any questions!------------------------------------------Love sharing tips and advice about buying and selling out of state. Sure, there are many details but as ...
Lingo Lin
How to create a “Family Bank” without using Whole Life Insurance?
I live in New York, and have family in PA, NJ, and FL.I have a family of about 25 members who would like to pool their savings into one account, and each member would like to have the option of putting their savings i...
Sam Erickson
What's the deal with CPAs advising against LLCs?
I have recently seen multiple post by people saying their CPA has advised them against putting their investment property in an LLC and to own them personally.Am I missing something because this seems crazy to me? I c...
Evan Loader
K-1 state tax filing requirements
I am a limited partner in several syndications in Kentucky, Texas and Georgia. I am a Michigan resident. I receive a K-1 for all 3 for my federal taxes. Will I need to file a Georgia and Kentucky state income tax retu...
Lance Turner
LTR with an STR ADU
I'm working on a new investment property. It has a standard 1600 SF 3/2 LTR but it has a 600 SF ADU 1/1 studio that I want to use as an STR.
Looking for advice since this will be my first STR.
1. What are the bes...
Henry Wang
CLE out of state investor - buy and HOLD < property management
PLEASE REFRAIN FROM POSTING ON THIS THREAD IF YOU ARE NOT AN OUT OF STATE INVESTOR (this includes property managers, real estate investors and local flippers)Hi all,Starting an out of state investor thread here to see...
Ross Sib
New apartment construction process
Hi,I have a basic question on how to go about evaluating responses form architects. I never dealt with architects before. I have a 7000 sq.ft. lot with R-3 zoning. So I found an architect from a similar project devel...
Maria Hinton
Attended Toronto's Real Estate, Bitcoin and Wealth Expo
Hello everyone! My name is Maria. Over the weekend I attended the Real Estate, Bitcoin and Wealth Expo in Toronto (which ultimately led me to this site). Over the last ten years, I have been interested in real estate....
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First Time
My girlfriend and I are planning on investing in a rehab project. This would be our first time and we have a few questions. We have spent the last year reading and learning as much as we can about the business and w...