I have been a w-2 employee until recently, investing in real estate on the side. I’ve left that work, and plan to self-manage apartment buildings I own, formalizing that as a 1099 employee of each LLC. All LLCs have p...
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We recently set up 2 SDIRA accounts (one for each spouse) and pooled funds to create a multimember LLC. The money has not yet been invested. It's sitting in new biz account in name of LLC. Custodian of SDIRA accounts ...
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I purchased a home in 2019 to flip. Rehab began in 2019 and ended in 2020 and the home will likely sell later this year. In regards to year end taxes, what, if any, expenses from the purchase, rehab or carrying cost...
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Hello everyone,
My name is Giovanni Cardenas and I live in Dallas,TX, to be more specific, Oak Cliff. I recently graduated from the School of Business and Management at Townview Magnet Center in May, 2019. I am curre...
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I was wondering what’s your ideas and what can be done about this?
Dec. 2 (Bloomberg) -- Homebuyers seeking to take advantage of a government mortgage-guarantee program will have to put up more cash in some situati...
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Hi guys im Gilbert, I've been married for 1 year and just turned 21. I have a full time job as a Systems administrator and go to school part time. My wife is working part time and is in school to become a nurse. I am ...
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Just wanted to introduce myself. I've came across this website a couple of days ago and have found the topics and conversation to be very interesting and infomative, especially for a new investor like myself. As a n...
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I'm doing my first 1031 exchange. Selling my multi family in Oakland CA and looking to exchange into an out of state NNN lease.
What are the key factors to consider when looking at a property?
Are there any hidden f...
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My wife and I are planning to venture into rental property investments. Someone suggested that we start with a multi-family home.
Our Broker found a property with the following specs:
List price: $369,000.00
# Effi...
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Need some advice from fellow Missouri investors.We own a mobile home park in central Missouri. The park is situated with submetered water which we bill back to each resident along with a sewer charge. We source our wa...