Nate Miller
Land Contract and New Home Build
Good afternoon, I would like some input. We are currently in the process of moving in the next few months. We are currently living in a home that my parent's paid for in cash. We were prepared to do a land contract wi...
Justin Veloz
How to handle my Flip profits???
I’m in the process of doing my first flip.. I’ll be getting anywhere between 35-42k depending on how fast I can sell.. Once I get my profit.. then what?? I have an LLC.. obviously I would want everything going directl...
Justin Tortorich
Schedule K1 and form 1065
Any help would be much appreciated. My brothers and I just started an LLC in December 2016 and contributed money to it. We have yet to actually buy a property and rent anything. I'm pretty sure that even though the co...
Sim Anderson
Business Structure for Small Real Estate Investor
Hey friends, I'm currently in the process of getting my act together to establish a proper corporate structure. My main concerns are:1) Asset protection 2) Wealth transferI'm not wealthy now, but I'm in a much better...
Exavier Martinez
House hacking with property manager
Do you guys recommend getting a property manager if you’re starting a house hack? I have 2 other bedrooms in my house that I want to rent out for extra income.
Joe Edwards-Hoff
Non refundable carpet cleaning fees
Curious, I just got my first house and I was looking back on the current lease I was in. One the lease I signed there is a $150 portion of my $300 security deposit that was deemed a non refundable carpet cleaning fee....
Tyler Bushey
Assignment vs Double Closing Tax Question
I'm curious if I will be taxed differently if I assign a deal, versus closing on the property then selling after the fact. I might be thinking way too hard lol, thought it was wort asking!
Denis Ponder
When Does it Make Financial Sense to You?
For those who MTR, what revenue multiplier makes sense to you for the additional work and cost of an MTR over an LTR?My condo is crossing the finish line for renovations and will be ready to rent out soon. We are les...
Ken Austin
Self-Directed IRA: Operating Agreement
I'm in the process of establishing an SDIRA, which will hold 100% of the member interests of a to-be-formed LLC. Does anyone have a sample "IRA LLC" operating agreement (or web link to an op agreement) which you woul...
Tyler Hyma
Management fees...deducted from Gross or Net rental Income?
As the title states, I am curious to know if you should deduct your property management fees from a property's gross or net rental income. Thanks in advance.