Muhammad Patel
Need Help with a Client!!!!
I have a client who wants to do additional construction on his property worth 2 million dollars. He already has a First Lien loan of 650k on the property. He is trying to build another house on the property. He has al...
Courtney King
LLC Set up with IRA as member
I'm looking to form an LLC with a client of mine that has an IRA. I've talked to Quest IRA and they mentioned that the IRA can be a member along with another managing member (my dad). Can anyone refer me to an attorne...
Akshay Bhaskaran
Real Estate Consulting
Hello everyone,My wife is a licensed real estate agent in Texas and she is under a brokerage. I am an Investor in RE doing single-family residences (Turnkey, and BRRR). We both are into real estate for the past couple...
Andres Reales
What are the most common challenges that realtors have?
What are the most common challenges that realtors have? if there's one challenge that most of the realtors have, what would that be?
Annie Le
Tax implications on a 1031 exchange
Hello everybody,
I am trying to figure out the tax implications, if any, for a client who is doing a 1031 exchange. I don't believe she should have any tax implications but would like a 2nd opinion.
Ori...
Steven Hamilton II
Correcting Tax Returns
I just spent several hours today correcting a few very incorrect tax returns prepared by CPAs who advertise their services here. In one cases this is going to cost the client a substantial amount of money. In the othe...
Richie Thomas
Long-Distance Rehabbing- How To Remotely Shop For Materials?
I'm reading @David Greene's book "Long-Distance Real Estate Investing", and am learning a ton from every page. One strategy that he mentions for avoiding getting ripped off by contractors is to shop for and purchase ...
Jason K.
How to use prior client list to market real estate services.
Ive been a contractor for 20 years and have been real successful using direct mail advertising to locate clients. After 20 years I have a decent size list of people I have done business with. I'm looking to jump shi...
Salvador Carlton
CA LLC Gross Receipts vs S Corporation
Recently my CPA mentioned that on top of paying the annual $800 per year, we are now fall into the category of Gross receipts which would be an additional $900. He mentioned perhaps our Real Estate business which is ...
Joey Guillermo
New to bigger pockets and investing
Hello everyone, I am a realtor in the South Jersey area with the ultimate goal of investing in my first property. I was listening to a podcast from another local realtor and the guest on the episode mentioned the comm...