Nitanth Vangala
Drawback of combining future properties under real estate hours
Hey guys,I may be interpreting this all wrong so please feel free to correct me. In reading the code on real estate professional status, it is mentioned that each rental property is listed as a separate activity. You ...
Todd Kozak
LLC addresss - update when I move?
My lawyer set up my LLCs a few years ago and used my home address as my LLC address.
I moved. The LLC address now points to someone else's home.
I opened a PO BOX to use for any mail for my LLCs which is really n...
Timothy W.
A foreclosure was vacated by the mortgage company?
Never heard of this one before and was hoping I could help out a potential buyer of mine. She had a property where the mortgage company started foreclosure proceedings against her, but she was able to sell the proper...
Eddie Ziv
Need to spice up your selling power? Try Photoshop...
I just LOVE it!!! How to screw with reality when selling Real Estate? Doctor the photos. Gone are the days of shooting a 4'X7' room using a fisheye lens to make it big... We are talking about serious photoshoping her...
Rigo V.
HELOC for DP? DTI,etc
So my primary house has about 60k in equity that I wish to possibly use as a DP for a multi family Home.I would need to find a property that cash flows with a mortgage and the heloc payment.1) what options (other than...
Michael Gil
LegalZoom Options for creating an LLC
Has anyone used Legal Zoom to form an LLC ?If so did you select the basic package or take any of their additional service packages? ex. “affordable tax” or “Legal Protect” or “Tax Compliance”Its my first time forming ...
Ken Neusaenger
Investing in raw land that is under ag exemption in texas
I'm interested in purchasing a piece of raw land that is about 20 acres using my IRA. It is currently raw land with no improvements. I have more than enough in the account to pay for the land - about 4X the cost of ...
Daria B.
SDIRA 4 rental purchase - expenses may put a drain account
HiI posted earlier on the use of the SDIRA with regard to UBIT and received some very good answers that I could then go off in a direction to learn more.Upon looking over this venture and reading other peoples simila...
Brian Naumann
Is it worth it?
Hi everyone, I am new to BP and Real Estate investing so bear with me. Is it worth it to invest in a washer & dryer in a rental property as a way to increase NOI? My thoughts are it makes the property more desirab...
Heidi Fahringer
Interview Questions for Prospective REI Accountant
We are a four partner Real Estate Investment Indiana LLC, owning Indiana residential properties, 1-3 units, all partners live in California.
What questions should we ask prospective tax accountants?
Any REI tax ac...