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I have heard you can accomplish this with a Trust. But how do you make a trust? Now considering I get an REO under contract and plan on wholesaling it and at what point of the transaction do you make it? Before lockin...
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Hate to ask same old questions others ask. However, I've read multiple articles on 1031 basics through Googling, but have failed to find answer to some specifics. I'm in CA by the way. I don't expect answers to all, b...
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Hi BP! I'm putting together a proposal to raise funds for a downpayment. I'm hoping to raise $100k and then use it as a 20% dp for a small multi-family property. My proposal is to borrow the 100K at 10% interest for a...
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I purchased a property in Dade County in 2013. The property was on the same parcel as another condominium building.The purchase contract stated this in the additional terms-“Seller, as a condition subsequent to closin...
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Any high performing agents choose to be taxed as an S-corp??? I heard its expensive to manage and you have to do payroll and bookkeeping.
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Is most wholesaling to investors only, not consumers? My aunt wants me to find her a house, and she says she'll pay me. Do I wholesale? I'm not going to sell it for retail to her. I have two other friends of frie...
Question for you all.We had a couple move in to a one bedroom unit we have. They have been there for two months. Two days ago, I got a call from them saying there is mold on their furniture in the bedroom, the window ...
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Sobering assessment from the annual report by the Taxpayer Advocate Service (a semi-independent branch of the IRS basically tasked with specific and systemic problem resolution):- 10-month refund delays on paper-filed...