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Hi, I'm looking at a property in Cleveland, it's a home that is in serious distress (the 1900s) and probably won't be able to fix it, it is in a multifamily lot. it's a property that belonged to a relative. And I'm bu...
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Good evening BP. I was wondering how long you could go on using the 1031 to defer taxes. Is it limited to a number of transactions or years? Are there any limits to it? Thanks in advance any help you guys can offer :)
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Hi All, brand new to real estate investing .. have been renting where I live my entire life. Lease is up on my current rental and headed to another rental and from there getting started in investing. $$$ in the bank...
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I bought, sold and traded up several times since 2003. Ended up with a triplex that generates 11k per month.
It’s worth 2.4 million, the mortgage is 1.4.
Which of these options make the most sense or if you have o...
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My partner and I set up our LLC in November, applied and received our EIN. We are still new at this and trying to learn how to do things the correct way. My question is how do I go about establishing business credit...
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I am 17 years old, I have no debt, and I live rent free with my parents. I have $10,500 to my name and want to invest it and put my money to work; however, I don't mind spending a few dollars on a reliable course or t...
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Anyone else have experience with wholesaling a vehicle you (or your company) personally owns?
Specifically trying to get a sense of the discount to expect vs. the time/effort I will spend listing online trying to sel...
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Hello. I was wondering if anyone here uses capital gains from stocks to invest in buying rental properties? Here is the process I am thinking:Invest in stocks —> use the capital gains to buy the property —> Reha...
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I should be grateful I still have employment but I have been planning this move for quite some time now. My current job is in the construction trade (union) which pays well, but at the same time sucks the life out of ...
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Read this today and thought it was interesting and worth sharing. It is from the Journal of Accountancy. If I am reading it right it is saying that there we will a 3.8% tax on rental income. Please give your feed b...