Sorin T
Fannie and Freddie's Big Foreclosure Backlog
Good reading
http://news.yahoo.com/s/bw/1106b4214044575550
As their holdings of unsold homes increase, Fannie and Freddie eventually will need to drop prices and turn to investors, analysts predict
The bottom line:...
Minh T.
Investor deep in private loans with inability to repay
Hello fellow investors! I am curious if anyone has been a part of an investment group/partnership of which you/they have been able to recover the investment. A few years ago I was captivated by an individual that demo...
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...
Osazee Edebiri
California Vs Out of State (really, but why?)
I think the constant discussion of California vs anywhere else is intriguing. So I pose a question. Hypothetical, if a person had a 2 million dollars to invest, they purchased property with 1 million in California an...
Tyler Bushey
First flip partnership
I may be partnering on a flip with someone, it's my first project and I'm curious about what common partnering terms are. Thanks in advance!
Account Closed
Do I need to file a Partnership Tax Return if I am a co-owner?
So long story short, myself and another person co-own a property 50/50. We hold the property in our individual names. We have one property and after getting a rather large CPA bill ($1600+) for the 1065 Partnership ...
Nathan Gesner
Is the STR boom hurting your market?
Sedona, Arizona is paying STR Landlords to rent to long-term tenants. Are you seeing pushback in your market? What do you think will happen in the future?https://nypost.com/2022/08/22/...
Sri Voodi
CA residents acquiring real estate in NC thru a partnership LLC
Title pretty much says my situation. 3 investors in CA are pooling money to buy a SFH in Charlotte. It will be a cash offer so no financial institution is involved. Some questions - Where should be set up the LLC? CA ...
Jim Murphy
My first Short Sale
I closed on a house on Dec 2nd it was my first short sale deal I had been involved in about 7 attempts at short sales during the previous year and none came to fruition . What I found was the delay from the bank becom...
David Y M.
How to Do Real Estate Partnership without 1065
I've read that you can file real estate partnerships without actually filing a 1065."The IRS and the courts have stated that mere co-ownership, rental, and maintenance of real property does not create a partnership fo...