I currently rent and have no real estate to my name. An LLC i'm a minority member of is undergoing an acquisition and my idea for planning for my tax bill is to start a new LLC just for real estate, and have the LLC p...
My step mom is giving me a house and we want to be aware of the best options to transfer ownership in my name, while avoiding any heavy tax consequences. Any insight would be great!
I've got what I think should be a buy, but it doesn't fit into my normal "buy box" and I'm looking for some advice on how to proceed with this one.I have a single family property in the Midland/Odessa market. It is a...
Hi, i m new here, any advice on what Minimal cash on cash return for rentals should look for? Thanks
I hate to pass up on a deal but I am not sure there is anything that can be done here.Seller called from yellow letter with 8 homes he is interested in unloading. All homes are on 30 yr fixed at either 4.25 or 4.5% T...
Is it all in creating a margin of error and a really good deal? What are the best way to do that? Is it other things outside of the “numbers”?I am a first time flipper and I am very confident in what I would like to d...
Hi,I would like to know whether anybody has used Home warranty as means to reduce any major maintenance cost. I am wondering whether its another "insurance" where, they are nice when e buy it but when the real repairs...
Hey guys, just started dipping my toes in real estate and all aspects of the industry, so please forgive me if this question is not make much sense.If I wanted to wholesale a house in Ontario, with no money down, how...
We have 3 rentals, and Turbotax says we made about $27k off the 3 combined last year, so I ended up having to pay the IRS $8k. Currently the tenants pay us directly to our bank accounts. Would we owe less if we set up...