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Starting to flip with a young go-getter. I put up all the cash and he does all the work. What's the best structure for such a partnership: liability, taxes, avoiding commingling with other deals, expense tracking, etc...
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Hello,
I purchased my first rental property on October 4th. After a month of renovations, I listed it on the market on November 19th and secured a tenant with a lease starting on December 10th. Before this purchase, ...
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Hi All - I am 31 years old and found a duplex with a lot of upside but it has to be a cash purchase. I want to pull money from my Roth IRA but want to do it correctly so I don't get hit with taxes and penalties. I am ...
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I am at the point where I can take distribution from my 401K, and would like to move from paper assets to real assets. Does anyone have any ideas on if this is a good idea, and are there any tax strategies I can empl...
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I'm looking to pick up a property that was donated to a charity. (Actually to be more specific it seems it was quitclaimed for $10) I'm being told that the charity will not agree to my offer price because they are con...
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Hi everyone, We've been thinking through the best way to save for kids college. We have two kids and have been maxing out our state's 529 plan. Quinn is a 3 year old boy and has about $18,000 in a 529 account alread...
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Hello there from Sedona, Arizona.....I am a 62 yr old married man about to retire from my full time job and am a licensed realtor as a part time job.My wife and I are considering and starting to learn more about manuf...
Hi everyone,I'm meeting a seller to sign all the paperwork to purchase her property tomorrow. The property is in Texas and I've never purchased a pre-foreclosure that is only a couple weeks away from being auctioned o...
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I am interested in acquiring a rental property for some additional income now and for the future. I am 50, so I don’t have a lot of time or ability to save up for a down payment. I have a small 401k and I have the opp...
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Planning to fund my next 2MF 100% OPM. So far I have been unable to refi my 2 sfh rentals because combined value is about 70K, not meeting cu/bank minimum values. So, has anyone used PML/HML for the down payment and c...