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Currently Chicago has a program where property owners can purchase vacant lots for $1 within a block radius of their property owned. Of course you have to maintain the property, pay property taxes and keep it surround...
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I was considering using an LLC for my wholesale business, but it seems that I would have to pay capital gains tax and self-employment taxes with an LLC or a Sole Proprietorship.
And, since I'm not investin...
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Any advice on trying to convince a court ordered administrator to sell a home in probate via short sale?It seems they would all prefer to let home go to foreclosure auction.
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Hello,
I am a newbie landlord and have two rental properties. I am getting ready to rent the second property beginning Sept 1 and have been asked to consider a school year lease, a lease that ends 5/31 each y...
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Hi everyone,Just closed on my first rental property (new construction), wondering what everyone's thoughts are on obtaining a cost segregation study for my property. I'm not 100% sure if I will qualify to be a real es...
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If you have a CPA who's amazing, answers your many questions, discusses your options, plans for the future, and doesn't just do your tax prep... please send me their contact info. I'm in California, but I understand i...
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Looking for some advice on what if any pricing plan would be beneficial to myself and my company. We have a small company that does rentals and flips in South Jersey and Philly and we've already picked and using our r...
When you are first beginning your Real estate journey it is important to create good connections and network with those who will be beneficial to work with. Who are the members of this team? ( eg. REA, CPA, at tourney...
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Newbie here, I currently own a rental worth 200,000, bringing in 1200.00 a month, and its paid off. I wanted to obtain a HELOC, for down payments on additional rentals but is proving difficult. Is it more beneficial t...
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Hello,I have the opportunity to get the monthly Roddy foreclosure list for the surrounding counties which could be beneficial I think but I am wondering what would be the best way of using the list (mail outs, cold ca...