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Hello, I live very close to a property that has been vacant for a couple of years and, in my opinion, would be a make for a good wholesale deal. I've researched the property on my town's registry of deeds and found th...
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Does anyone have any tips on decision making for a new investor. For example trying to move the numbers around too much to make a deal work or just overall letting emotions dictate your decisions when looking for real...
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Hello,In a few years I want to build a triplex and live in one of the units for a few years. It would be my very first home. In my town there's no triplex units for sale and the people who own them won't be selling th...
Hi I have read soo many inspirational posts that gave me the push to stop bring scared and listening to others. I decided hey let me get started. Rentals was the first thing that caught my eye. I started a LLC for lo...
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Can someone explain what the ramifications for RE investment are? Does this just make 1031's more restrictive? https://rsmus.com/what-we-do/services/tax/federal-tax/irs-issued-proposed-section-1031-regulations-for-lik...
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After talking to an attorney about LLC's and etc, it was mentioned that some clients of theirs will use two LLC's for their rental properties.One LLC would be the "holding company" with all of the properties in the LL...
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So before I purchase a multi family home I want to start an LLC for safety and tax purposes . I'm gonna be using my wife as a co-borrower when applying for my home loan so should I include her in the llc as well ?
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Hello everyone,I am looking for some opinions regarding incorporating. I currently only have one investment property and I’m seriously wanting to start a property management company alongside REI. I’ve been told to op...
Hello, I have a 401k and I was thinking of cancelling it because I have a 457 b option plan. I haven’t put much into the 401k so I’m not worried it much(only 6k). But recently I’ve been thinking a lot about it, my em...
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My husband and I are ready to make an offer on a property for a STR. The numbers make sense. Upon touring the property I realized I would furnish and decorate very similar to the current owner therefore we would like ...