I have a friend who has been using an LLC to manage 2 properties for the past 10 year usign Turbo tax
So they have 2 partners, Each of them has a property titled under their individual names (partner 1 ownes prop 1 ...
First of all, I am still new to this forum and REI, and I am doing my own research about REI One of many questions that I have in REI is how do you accurately estimate the property tax that you might potentially buy? ...
Hey BP nation! Quick question as I wanted to see what everyone thought about these two choices.Would you…1.) Invest $100,000 worth of funds within your QRP/Solo 401k directly into real estate or private real estate de...
Happy Holidays! As of today, the House and Senate have sent the GOP Tax Plan to the President to sign into law. I've seen numerous threads popping up about the GOP Tax Bill. I wanted to start a thread to consolidate q...
I have been learning a lot about wholesaling in the past few weeks and have decided that I am going to pursue this as my starting strategy in REI. I live in the nicest part of Washington D.C. And the market here has a...
Hi Everyone,Can anyone offer advice on where to start with getting a loan for an LLC with multiple owners? This is for a 4-plex in the East Bay with ARV around $500-600k. I see posts where people recommend local ban...
I've been trying to find a definitive answer on whether a landlord (in my case, owner of 4 separate rental units) can take the 20% pass through income tax deduction for tax year 2018 and beyond. I've been reading conf...
Hello All,I am looking to buy my first real estate property and decided to start with the multi-family house. I have found one 4 unit house and looking for your help with deal analysis, below are the details of the pr...
Well my first deal is done. I am the proud owner of a 4 plex in Phoenix, AZ. Before I go into the details with the numbers, I should tell you about my goals. I want to get into commercial multi-family real estat...
Hello, I finally sold my first deal, but it did not to go as well as planned. My LLC did not make any money for its first whole year and all the finances came from me loaning it. I know for a fact I probably d...