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Hello Everyone! I’m looking into investing in cleveland Ohio. Looking at some duplexes down there, any advise, suggestions, deals etc would be great.
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My local CPA friend HATES 1031 as well as cost segregation. So, what are the downsides to doing a 1031 exchange? Are there any particular don'ts that would have a negative impact later such as borrowing a lot more tha...
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Hello BPs I am closing a MF prop in Ohio but I live in Michigan. I already have an LLC that holds some SF prop in Michigan and that LLC is registered as a Michigan LLC. Now my question is - Is it advisable to create a...
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IRS is not shy about disputing claims to Real Estate Professional status. It's an easy desk audit for IRS. They query Schedule E losses. And if IRS challenges your claim to be a Real Estate Professional they will s...
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I'm a Financial Advisor in the Greater Nashville, TN area and focus primarily on serving Small Business Owners and Real Estate Professionals. I help Real Estate Professionals because I've been in the industry for sev...
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Investments should primarily be made based upon your financial goals, your stage-in-life savings that you have, your risk-orientation and so on. But at the core of it all, you are looking for the best return for the a...
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I am planning to sell FSBO and have an agent who for a small fee will take me through the process by advising me on what to do and how to go about it. He will not represent me in any negotiations, put his name anywher...
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I found a home to purchase however, the owner advised that they need to stay in the home until July . I want to close the deal next month however , not entirely sure how to structure the deal . Any advise would be app...
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Hey guys - I've come to realize over the past 18 months that my financial advisor is a great guy, good at his job, but simply not specialized in what my goals are. It seems like each time I promote a financial strate...
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Would like some advise on financing. I am finishing my first flip in NJ. I bought the house for 60k put 60k into rehab(all my own cash). The value after rehab is around 170k. I am looking for advise on how to move to ...