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The IRS announced on today that they're postponing the deadline for all individual tax returns. Returns that were due April 15 are now due May 17. The IRS says it will issue formal guidance in the near future.
The ...
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Hello all,
I just signed up with Privy which is a tool that is used to find deals like Propstream. However, Privy uses investor data and its own algorithm to find deals using a % of ARV that you set up in the searc...
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I recently closed a multi family refinance deal. As a retired person I didn’t have many financing options for a difficult commercial deal and had to pay higher financing costs. Other than having cash on hand and absen...
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Hey BP,I’ve located a triplex that has some potential but am wondering about financing. It is 33% occupied and the one unit puts it over the 1% rent to price ratio. However, the other two units and the exterior need s...
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I'm the sole employee in my handyman LLC. My wife wants to invest in a house to hold or flip. She is not part owner of my LLC. Can she legally hire me and my LLC to do the rehab work? I would like to buy the materials...
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Hello, My name is Lawrence and I am trying to get off market deals, I have been skip tracking my absent the owner list and Cold calling the list with my hired VA. However, I have not been able to land any deals. My me...
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I'm about to close on a property tomorrow and the latest CD doesn't have the lender credits ($3,052) that were initially a line item in the LE. The origination fee was and still is $3,052 however there is no longer le...
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I need to set up my LLC.
My goal for the next couple of years is to flip. Not hold property. I want to set up my business correctly from the get go.
I wonder what seems to be better, to name your LLC as a person o...
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It has been years since we last owned a rental so seeking UTD advice/suggestions. Children are in their 20s so have been dealing with the typical co-signing for leases. Our oldest lives in Brooklyn. Had a nice group a...
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Hey BP,Unfortunately I have been shafted on my first deal. I jumped through all the hurdles needed to close the deal. Handled all the renovations myself; even after been victimized of fraud & rented my second uni...