Jazmin Purifoy
Wholesaler working with Off Market Brokerage Co.
Hi BP Family, I recently came in contact with a agent who works for an off market brokerage company. Being a newbie I didn't realize there where companies that solely worked with off market deals. Their properties are...
NA NA
Legitimate use of Seff Directed 401K
Background: I have a self directed 401k under my consulting company LLC (day job).
Goal: Use SD 401k funds to issue notes.
Scenario: I am a minority owner (<49%) of ABC LLC. ABC LLC is engaged in ac...
Carlos R. R. Martinez
Triplex lot. New Build
Hey guys, i've recently found a triplex lot for sale in the Saint Cloud, Kissimmee, FL area. I'm thinking this can be a great opportunity for me to house hack, and put my current primary residence (4bdrm/2baths, i can...
Jonathan Caston
Atlanta Tax Sale Help!
Im young I've been checking out some tax sale listing and I've found alot that look like this. What I'm trying to understand is if vesta holding is trying to redeem the property or are they delinquint on there taxes. ...
Hugh O'Neale
Partnership Agreement, Fico for credit line, Commercial RE
A CPA friend and I want to form a limited partnership. He has a great credit score and offers it for me to acquire an unsecured Line of Credit that I will use for earnest money deposit and soft costs associated with t...
Randy H.
Help!!! What do I or should I do?
Wow! Where do I start? My minor kids live in a rented home in FL with their mother, and my ex. The landlord suffered two heart attacks, and hasn't been able to work himself. The home just went into foreclosure. M...
Linda Hastings
Tax Implications of Discounted Notes
I'm trying to understand the tax implications of investing in discounted real estate notes. I've heard a couple of differing opinions about how to calculate what is taxable income, but I'm curious to hear from some CP...
John Smith
Capital Gains on Multiple interests inherited over a period
I am trying to understand the calculation of Capital Gains on a South Florida property I now solely own. I gained the 100% interest through rights of survivorship from two other joint tenants who have now passed. The ...
Josh Coffy
Best strategy for motivated sellers?
Hey, guys!
I’m looking to close my first wholesale deal. I just purchased my first vacation cabin and it’s absolutely CRUSHING it. Now, I want 50. (Haha!) I’m looking to acquire larger sums of cash to do so and I see...
Justin Aguilar
Seller has signed deed but not under title, what can I do
Hello I have a seller that has a signed deed to a property, but never made it official because it is in a bad neighborhood, and she was afraid that if anything happened to the tenant, that she can possibly get sued an...