Hi All -I have a situation regarding selling my property. I am selling our duplex (one unit renting for $1100.00/month, and the other was owner occupied by us) due to relocating my family to the Atlanta GA area.After ...
Just can't help myself on this one. Article out of Chicago today and front page here in Ft Myers . Fl. You've probably noticed all the fat kids walking around these days. I know why!! Food stamps.
12% of kids in my...
I'm hoping a tax expert can answer this question I have. In my current job, I make close to the fica cap which my employer pays both employer and my portion as the employee. I only contribute the matching 5% to my 401...
Hello everyone, I am in the market for a new CPA to help me with setting up business structure and prepare for my tax return next year. I have talk to a couple of different companies but all of them left me feeling ov...
Dear All,I am new to REI, and have been researching optimal investment strategy for me and my family. If we invest in cash flow property, after taking the depreciation tax benefit, the positive rental income will stil...
hello everyone.I'm currently doing my homework and analyzing 1 deal a day for potential rental properties. I think I found a great foreclosure in South Knoxville but I want to make my analysis as accurate as possible....
Hopefully, our BP member attorneys will chime in!
First thing to understand in RE is that all real estate is local, that's a saying in this business and it means that what you do, how things are done, what is...
My parents have duplexes and triplexes for a total of 50 units. They are in their mid-70s and can no longer manage the properties like they used to. I believe they should do a 1031 exchange into a truly passive inves...
Hi everyone, I'm a new investor in Augusta Ga... I just bought my first fix and flip property at foreclosure. I will have the closing in a week and then I'll start the rehab.
My end goal is to buy and hold multi fam...