Hello Guys, Today was a wonderful day on my Journey to become a "Real" estate investor. I met with my estate attorney and he has given me and my partner the royal treatment. We have all the contracts we need, we have ...
I'm considering getting my REL in Florida, but not really to become a full-time agent. Rather, I'm interested in real estate investing, but know very little (BP is helping though!) and figured that a REL would:1. Help...
I'm an owner of a 2 family, non-owner occupied residential property.
This property is co-owned with my mother. The deed is 75% my mother, 25% myself, with a Right of Sole Survivorship.
We are now planning to sell sa...
Hello all,
If a brother and sister were deeded a home after the passing of their father, and the sister now wishes to buy out the brother (who has occupied the home for over 2 years), what is the process?
Both partie...
Good morning all!
Newbie here and my husband and I are ready to start forming our team. We have an appointment for a consult with a CPA this morning and another later this week so I wanted to see if there were some M...
I'm a 25 year old Journeyman Carpenter and my wife is a Realtor. We have successfully "flipped" two homes on the side now. We lived in each house two years to avoid capital gains. I did 100% of the work myself, mad...
What are peoples take on setting up a corporation or something along those lines for their investments? Up to this point we have done it through our personal accounts. Are there any benefits to setting up a corporatio...
Hello BP! I'm seeking input from a CPA or tax professional that might be able to help me regarding claiming expenses on an investment property. I'd like to know how much I can expect to receive back from taxes after c...
Hello all,
I currently have sufficient income through my small business, good savings, but lack of taxable income and credit due to being self employed (taking deductions) and being 19 (lack of credit history...
Good day everyone,Hoping to find out more about investing in a halfway house/sober living house/shelter care house. I work in the social services field and have become aware of these types of places and am wanting to...