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I'm not sure if this is the forum I should use. However, I have complicated situation. The daughter reached out to me. I call back she says her dad passed. She can't take care house. Wants to sell. I go out and write ...
Ok,Started a 2 person partnership last year. The idea is to invest in short term rental property. We formed the LLC, and paid for some informative seminars and conferences. We (the partnership) have yet to buy a pro...
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I am very new to real estate investing and was wondering why cash flow is so important. If you can rent a house out and have the rent cover the expenses and mortgage with nothing left over isn't it still a good deal? ...
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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...
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I am looking for a good tax accountant here in Phoenix, Arizona.Last year after talking to an older couple who are RE investors with over 10 properties, they gave me the confidence to use Turbo Tax. I have a pretty go...
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I feel that my old fashioned way of tracking expenses needs to come to an end. I just put things in a spreadsheet and hand it over to my accountant.
However, I don't track a lot of things, like deposits that I get...
I'm in a farm partnership with my father in law(fil) and my brother in law (bil). My fil owns the property involved with the farm which he inherited from his father. He wants to retire so I'm planning to buy him out...
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Hey there! My name is Jose Montero and i just obtained my real estate license(18YO), i wanted to know what are the features or benefits i should be seeking from my initial partnership. I am inexperienced in the actual...
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Hello,I would like to offer a payment to an owner/occupant of a single family home in exchange for the first right of refusal to buy the land.My concern is that it could be disregarded in the future and a sale finaliz...
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How do I get this house under contract. Daughter is executor of estate and deed is in name deceased mother. Can daughter just produce a will for the title company. What is the process here.