Bob Jones
Need help figuring out how my business partner will be taxed.
Hi,I have a business partner who has provided money to my LLC, which I will use to invest in real estate. The agreement is that I will do the work and give them a percentage of the profits. I'm trying to figure out ho...
Donovan Lietch
Tax Consequences of Paying out investors
Hello, I'm looking to recruit investors in a house flip, similar to a crowdfunding scenario. So my question is whether there is any tax liability to those investors.Assume one particular investor gives me (or my LLC)...
Chris Feltus
Using "Pending" Comps in Analysis
How strong would you weigh a comp that is marked as pending in your analysis?
For instance, lets say your subject property is a 3/2/2 1,500 sq ft and you are looking for retail-flip sold comps within .5 radius of the...
Nathan Gesner
Mortgage foreclosure, $400,000 in state/federal tax liens
We rarely have foreclosures in my area and there's never enough meat on the bones. I finally saw one that looks promising, but it looks less promising now that I've researched it.ARV is $400,000, house is standing and...
Joshua Aceret
Using IRA Funds Under LLC
Hi Everyone, I am just starting out in the real estate investing game, by just starting out I mean still putting together funds, and I have a question regarding Self Directed IRAs being used under an LLC. I would like...
Mike Murphy
Wanting to invest with money from an IRA
Newbie investors getting prepared for our first deal. Most of money is in an IRA. I have read a few articles on how to use it for real estate investing, but still a little confused on the process. Anybody have some ti...
Henry M.
REAL ESTATE CMA WEBSITES
Here are just a few sites for all parties involved in this real estate biz... I know this is a common question so here is some info that may help below:
There are primarily four ways to get information on comparable ...
Ned Carey
Maryland Proposes Rent Control.
The Maryland house of representatives has proposed house bill 315 that limits rent increases to 5% and limits your rights to remove a tenant to 11 "Just Cause" reasons. The fact your tenant is jerk is not considered ...
Account Closed
CA Courthouse Foreclosure Auction Questions
Hi Everyone,
I am new to BP and this is would be my first post, here it goes...I am looking to purchase my first property with a friend. Quick background on the subject property; To cut to the chase I am interested ...
Christian Ekeogu
Finding A Mentor On Craigslist?
I am a new investor working full-time and really want to work part-time for a local real-estate investor doing administrative work for their business. My main goal being to gain hands-on experience while I save for...