For somebody who is looking for their first property, I am thinking about starting an LLC to reduce my liability. Should I look at starting an LLC immediately, or would it be better to wait?
If i wanted to raise about 20k from 20 different people to buy an apartment, what would that be called?
Is BRRRR investing one of the prohibited transactions in a self directed 401k?
I was reading about and researching this over and over again, books, IRS pubs, here, elsewhere. I cannot get a conclusive answer even in forums with seasoned CPAs debating this topic.
That much is clear:
- If you hav...
I've been watching Opendoor since almost selling a home to them last year, they backed out at the last minute from an offer so crazy I felt certain their future was already written. I ended up selling the deal to Redf...
Hi guys,I am a new member. I was recently involved in some real estate transactions and one is still ongoing. During both I was shocked to discover a lot of unethical / fraudulent practices by licensed RE profession...
Hello everyone,I was just going to see how many of you have done a Roth IRA option to flip houses?I've heard this is a great way to expedite the growth of your retirement account but I'm wondering how to technically d...
Hello,I have a tenant who is overall a good one, but had a mouse infestation due to leaving a big bag of ramen noodles on the pantry floor for months... mice got in and caused a big infestation. I paid for the pest co...
The tenants that many of you turn down because of their credit score (or lack thereof) are my best customers. I am inviting you to send them to me because I am not interested in what their credit score is.The current...
I currently do not have any investment properties but am very interested in getting started. Has anyone went down the HUD/Section 8 path as a landlord? It seems like you could buy houses on the cheap side and get gove...