Wojciech Grajewski
How do I pull money out of my house?
I currently own a house in Long Island New York. The House is worth approx. $450-500K. The house has been paid in full. How .... or WHAT TYPE of method do I use to pull out about $150K of equity out of the house? I wo...
Kristopher Rodriguez
Question involving Capital Gains, 1031 Exchange, Seller Financing
Hello to all! Thank you in advance for reviewing my question. My question involves three parts: Capital Gains tax liability, a 1031 exchange, and seller-financing. Here is the scenario:
- Investor purchases a propert...
Jad Rahouly
Any thoughts on The AstroFlipping course
Hey guys, I am thinking of joining Jamil damji's astro flipping wholesaling course, if anyone joined it in the past or has some advice about it, it would be great. Let me know if the price Is worth it. Thank you
Theodor Morgan
First Duplex - Owner Occupy - LLC or no?
Hello!
Looking for advice on possibly creating an LLC.
I'm closing on my first duplex in about 15 days. I partnered with a family member for this. I'll be owner occupying and managing the property, and the family m...
Eric Kordenbrock
PA Wholesaling Documents
Hey All!I just sent out my first round of mailers but I don't have the necessary documents to get these homes under contract. Does anyone have a blank purchase agreement and assignment contract that I can use in Penn...
James Sun
Partnership Interest Sale Capital Gain-Offset with Passive Loss?
One of my investments went full cycle, but the sponsor sold the partnership interest in the properties instead of the property itself. As a result, the gain is reported on Box 9a (Net long-term capital gain) instead ...
Amine E.
CPA Referral
Anyone knows a good, investor friendly CPA in the Oklahoma City, Ok Area? I need someone to do my taxes this year and ammend last year. My taxes are getting too complicated for me to do. I appretiate your advise.
Adam Sieg
Converting primary residence to rental
I'm curious if anyone has any thoughts on this. I believe I once heard in an interview that Grant Cardone doesn't own his primary residence, he actually rents it from his business entity. Is this actually a thing? ...
Alain Perez-Majul
Loan Servicing Requirements?
Hey guys, not sure if anyone would know, since this might be kind of random, but:If I'm wanting to start a small "loan servicing" company that is looking to handle PITI between sellers/lenders and tenant-buyers in se...
Isaiah Suber
wholesaling propeties listed on mls
i have a lead from a realtor thats asking 35k for a property (arv 88,000) . and is willing to negotiate .
however the property is listed on mls and im not sure if that would complicate things