Im currently in the car sales industry and doing okay but I know (or heard👨🏽) real wealth is made in real estate, i been intrested in real estate for a while now but always get held back by the time it takes to see ni...
When real estate is held by an LLC of a husband and wife in a community property state, and then sold at a profit after being held for at least one year, does the LLC qualify for Capital Gains Treatment of the gain? H...
Hello BPers , As we all know this game is a relationship game, and one of the most common ways to do that is by attending conferences. I’ve notice there are quite a few that are held all throughout the year b...
If you file a complaint against blatant unethical actions of some realtors, the State Real Estate Commission finds no fault wrong. Yet the National Association of Realtors spends millions in advertising every month to...
Hi guys -Looking for some quick advice - Would you use HR Block/TurboTax over a RE Tax Preparer if you were a small "start-up" in 2018? Why or why not? Thanks,John
Hello,My husband and I are new to wholesaling we have had a few leads come through but none that were both situationally and financially motivated. We got a call from a seller who is both but we do not know exactly ho...
I've been sitting on a rental that I listed over 3 weeks ago. I am getting a few bites but not overwhelming inquiries. I held a couple open houses and had some positive interest from a few folks. Normally, this wou...
So I am acquiring my first property to buy and hold. If everything goes on schedule the unit should be rent ready in mid-December. I have been a prospective tenant that seems to be a good one. They want to lease th...
Hello BP Community newbie here, I have a general question. When flipping a house with lets say a total of 3 people, each takes their profit & are taxed individually correct? Would they each report their gain separ...
My wife and I were only able to invest a little less than $10,000 in our respective Roth IRAs before our combined income disqualified us from contributing anymore. My question is this: Should we leave the money in ou...