Jonathan Small
DIY or hire help for taxes?
I have 2 people that I sometimes partner with on real estate deals.I use a CPA because I have a number of rentals and a few LLCs. I understand the value my CPA provides for me in my situation.However, when should my o...
Michael Spindler
Can somebody please explain how a turn key works?
Still in the initial stages of reading/soaking up information on real estate investing. What exactly is a turn key? Do you recommend them as a beginner?
Eric Williams
W-2 Income and Depreciation Offset - HIGHLY UNLIKELY
It makes sense to want depreciation to offset ordinary income.
Here's the kicker:You need to establish that you are real estate professional. Then you establish material participation.There are two tests to a real es...
Bear Geiger
Tax free land exchange. (not 1031)
I am trying to set up a deal whereby a few vacant lots in a subdivision are exchanged for a house of similar value. Is there a way to set this up without selling each property, but using some sort of direct swap? Pr...
Silver HIll
Fighting: recorded contract that was cancelled prior to recorded
Hello, I was under in a sales contract for my property, however the seller and buyer could not agree on all of the terms and conditions after many attempts.
There was an error in the contract for HOA Fees (98 dollars...
Nat C.
Walking for dollars?
I just got an amazing deal off the MLS on a 4 bedroom house.The area at the moment can be classified as a ghetto but is going to skyrocket in value in the next 5-10 years as it's prime real estate in the middle of the...
Seldon Rios
Real Estate Investor mentor tells me it's illegal to wholesale
Hello everyone!I have recently been in contact with a local real estate investor who's been investing for over 25 years. He agreed to take me in as an apprentice. I asked him that I would like to get into real estate ...
Chris Purvis
Rea estate broker /investor questions
I'm a new real estate broker but I want to invest. Are there any Creative Real Estate strategies that I am prohibited from doing as a broker and what type of disclosures to sellers would I have to make even if I...
Patrick Culleton
Holy Wholesalers Batman - A great learning experience on this flip in Georgia
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $227,000
This was an experience for sure. My biggest takeaway was to ALWAYS keep a cool head. There were multiple parti...
Chris Archer
Property Management Fees
I have found most management companies take 10% rent plus one half to one full months rent amount when filling a unit. Considering a 12 unit with $1,000/month rent per unit. Worst case scenario all tenants could lea...