Hey all,I've been reading a bunch of books about cost segregation (tax free wealth by Tom Wheelright) and there is this one question that I can't find the answer too.Can I cost segregate my house for depreciation if I...
About 3 months ago I came across some one in a tough situation. Long story short they were about to lose their home and I made a deal with them to buy it but it needed to be taken out of bankruptcy and gone thru proba...
Here is an example from an article I was reading. I tried plugging the numbers in my calculator and didn't come up with the numbers in the article. Hopefully you can tell me how he got to them. First the article:
...
Hi BP, Any suggestions on how should Incorporate my real estate investment biz? I'm starting with wholesale and will transition to gov housing. Any LA recommendations, or should I LegalZoom? Thanks friends
Pro-Tips on how to Scale Your Real Estate Portfolio.
30 Year Fixed Rate Mortgages:
By using a 30 year fixed-rate mortgage, you will be able to pay lower interest rates on your property which can offer you more oppo...
My husband and I were discussing with another couple the idea of forming an LLC with them and buying a fourplex together. However, after running the numbers some more, it seems it might be better for them to try to g...
Am I just to new and these forms are standard? I look at the applications and WOW and I shocked.....or am I reading to much into the process? Every place I get info from wants the "Uniform Residential Loan Applic...
Hi All,What do you do with money left in a BRRR deal? If you finance a project using 100% of other peoples money (hard money) and the project does not return 100% cash out on refinance, how do you finance the money le...
I own 50% of an LLC that owns a property. My partners wanted out, so I got a loan to buy their interest (25% & 25%). Part of the deal was to close the LLC after doing so. I have a tax person and a lawyer but both...
Do you pay 2 different mortgages with either one?