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Does anyone recommend a specific bank in the OKC area for LOC on investment properties? I have a couple homes that I own free and clear and would like to get a line of credit on. Thanks in advance- J
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Hey there!Long-story-short, a friend of my father is interested in investing money in real estate with me (flipping). I feel that to keep waters clear since the beginning, a partnership agreement must be signed before...
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Can anyone confirm if I am correct in my thinking? We finished rehab of a 4 unit property and put it into service in 1/2017. I would like to separate depreciation for the following items that were part of our rehab ...
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The Kansas City Chiefs' triumphant victory in the Super Bowl not only ignited celebrations across the city but also sparked discussions about its potential impact on various aspects of life in Kansas City. As the city...
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How does profit margins relay to taxes?
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Has anyone purchased a property using their Solo 401k plan? How was the contract written? Thanks in advance.
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I noticed in a recent commercial Purchase and Sale agreement I came across that the buyer in the agreement allocated 70% of the purchase price towards the Real Property, and the remaining 30% to the business enterpris...
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I purchased a property at the tax sale in Alabama. I found out the owners are deceased and I don’t know who the heirs are. I got a call from Innotion Enterprises saying that they need documentation from me about the t...
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If you’re forming a holding LLC in WY to hold your rental real estate for the anonymity for lawsuits and tax advantages, would it be counter productive to include your name in the holding LLC name? For example “Smith ...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $100,000
In 2021, myself and acquisition partner wholetailed over 20 properties. We noticed the desperate need for inve...