Hi guys,I'm assuming many of you on here are familiar with Robert Kiyosaki and his Rich Dad, Poor Dad series of books; particularly the book of the same title and also Cashflow Quadrant. The general summary of the boo...
Like a lot of newbies here, I was surprised to find that operating expenses run about 50% of your rent collections. My question is, what do you do with all that money. Obviosuly you are not spending hundreds of dolla...
Using Land Trust "Just another strategy for investors"
Its uses are:
To control or purchase real estate
To protect confidentiality
To limit liability
To help with "DOS" clauses in some cases
Land trusts have been use...
I'm new to the community and love it so far! I've noticed many investors are choosing Columbia as a real estate investment. I'm wondering why people are choosing Columbia? the fact that the citizens of Columbia are no...
I am hoping to spark an intelligent discussion on the above topic. Considering the mazsive debt we are taking on as a country, I am concerned that the Real Estate tax advantages hang in the balance when it comes to t...
I have an investment property worth $500K with a $150K mortgage.
Plan to 1031X into a $1M property with a partner. Partner would bring $500K cash and thus own 50%.
1. Is this type of 1031 into partnership (LLC) pos...
Some of y'all keep searching for the magic bullet. Your search is over. This is one of my all-time favorite Tax Court cases. Two high-salaried W2 employees filed a tax return with $0 income, attaching this creative ar...
If I have funds from a 10-99 and a K-1 and I planned on investing those funds into real estate, would I still have to pay taxes on those funds?Example: I have a real estate holdings/property management LLC and bank ac...
I have a seller who wants to sell me a large portfolio of houses, he will owner finance the entire package. His big concern is that he doesn't want to get hit with capital gains. Any suggestions?
Question: We purchased and have lived in a home for the last 5 years as our primary residence. In that time it's value has gone up about 40%. We are about to move out and rent it. To fall under the 2 of the last 5 yea...