I just read this great article by @David Thompson, and want to check my understanding of taxes for limited partners in real estate syndication.- Income distributions are taxed at ordinary income rates, but there may b...
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Hi BPI was wondering is it common practice to use a PO box and a "virtual" phone number (such as Grasshopper) for the privacy of my personal address and phone number. I don't mind paying for these services, just wond...
Hello,Here is my current situation. I am an army reservist after 8 years of active duty, and a full time police officer on long island. I have full use of any veterans benefits I can find. I'm looking to start buildin...
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Hey guys,
Since Sept/Oct last year, the foreclosure activity has really slowed down here in Central FL. The courthouse auctions went from 150 sales per day to around 25. The main stream auctions have released less pr...
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I bought a duplex two years ago, and all is well. I live in one side and rent the other. The rent is greater than my mortgage; therefore, I profit sightly. I am interested in buying another property. I still owe 93,00...
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I am very excited about my current plan. It is not perfect and I am open to suggestions. I wanted to post what I am doing because I think there may be Veterans that arent sure how to take advantage of their VA loan pr...
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Hey All -Interested to chat this topic over a bit.I've recently flipped a home with the contract price coming in at $269k. Additionally, this was off of multiple offers from qualified buyers.With that said, the home ...
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Stephen M.R. Covey, highly sought after and successful speaker, author, and advisor on trust, leadership, and ethics, as well as son of Stephen Covey, 7 Habits of Highly Effective People, believes change and efficienc...
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We are contemplating buying a distressed property with a tenant that faced eviction because when he trashed his unit it became uninhabitable. Apparently his sister is stepping in to make repairs and keep him there. O...
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What would YOUR specific strategy be to maximize your money if:
1) Someone gave you $50-75K to spend on your first investment property... and you had to look outside your local big city market (Los Angeles/San Fran/N...