Value-add investors getting busted for fudging the numbers.https://www.wsj.com/articles/u-s-pursues-one-of-the-biggest-mortgage-fraud-probes-since-the-financial-crisis-1534357872
Hey everyone,I am buying a 6 unit property under an LLC, when I write up leases do I sign them all under my LLC name? Also do I need to start separate bank accounts under my LLC name and keep everything separate from ...
Hi All,I joined BP a few days ago and been actively browsing the site to find others in my situation. Although i found a lot of members investing from abroad, i haven't found all the answers that i'm looking for and d...
1. What is your method of investing/saving for your children?2. At what age can I open a Roth IRA and pay my kids an income? My financial advisor says we need to wait until they are 6 yo to not get audited. Every sour...
When it comes to creating a powerful brand in the real estate investment industry, choosing the right company name is crucial. Your company name should align with your target market and convey the essence of your busi...
What is a good way or tool to analyze an area (crime, schools, cost of living, real estate laws, taxes) to narrow down the area I want to invest in?Background:I am new to BP and real estate investing and I'm starting ...
Hi I'm Mark.
I'm a former real estate appraiser, full time stay-at-home dad while my wife completes a grueling post-graduate training program in Greenville, SC. I consider myself a green, wet-behind-the ears...
We are Alvin and Kathleen from Shreveport Louisiana. We have talked for a couple of years about the possibility of buying rental properties for our retirement but we are just now at the research stage. We own a busine...
Will sell with a profit of $200K under wife and husband names.
1) $200K at about $3k tax.. not too bad... shall better to do 1031 or just pay tax?
2) How much is the fee for doing 1031? $1000?
3) The sold p...
Has anyone used a Solo 401K to fund down payment on a home and hard money to finance the rest of the purchase and rehab of a fix/flip property? I understand that you can only use non-recourse loan with the Solo 401K....