In December I bought a single family home, all cash, which was in rough shape and had been vacant for over a year. I had the intent of fixing it up, renting it for a couple years then selling it. I have it advertised ...
Hello everyone!!I am new to real estate investing. I am currently investing and working alongside a local builder. I also own my own small business. Right now I am looking to meet as many people in my area as possible...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Saint Louis.
Purchase price: $215,000
Cash invested: $15,000
This was a 2 unit multifamily dwelling in a stable and growin...
Newbie question here- do I pay income tax on investment income? I haven’t heard it addressed at all yet in the podcasts and other materials I have come across.Thank you!
Let's say someone takes money out of a HELOC at 8% and lends it out as a hard money loan at 12%. After the loan is paid off, a 1099 is sent to the hard money borrower and the IRS showing the interest received. How can...
I’d love to hear some syndication strategies you guys use regularly. I am referring to pay out strategy/schedule, preferred returns, strategies to avoid, mistakes, refinance periods, uncommon splits, length of the hol...
Investment Info:
Single-family residence buy & hold investment in Waunakee.
Purchase price: $93,500
Single Family Condominium - Buy and hold investment
What made you interested in investing ...
Hi all,
Lately, I have been trying to do my best to learn the different tax laws and am confused on a few different things. Recently, my accountant told me that if I hold a property for over a year in a LLC that doe...
What lenders require a 30 day hold on SS's? Herbster
Hey BP family,
I've been tuned in for years but recently joined the site. I'm interested in buy and hold in the Baltimore area but I'm looking to network with anyone active in the area. I've owned buy and hold som...