Does anyone know the process to wholesaling/flipping bank owned properties? is there a particular way to maneuver around it. Thanks ! Leo Robinson
I'm researching PMs in other markets we're considering buying in, and have seen some PM sites with info for prospective tenants. When I look at their apps, I have seen some with the following type of set up:
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If I buy and sell houses(flip) as a full time job, do I pay capital gains taxes? I read somewhere if it can be proven as a full time commitment and its the only source of income I make, the capital gains taxes are inc...
I've received some lists lately of bank and privately owned property that has two different pricing on the sheet... warranty deed and a drastically reduced price for a QC. I was wondering if anyone ever buys with a qu...
I am very much an aspiring investor in Grand Rapids and West Michigan and am checking off my list of needs (CPA, PM, capital, lending etc) but one area that keeps tripping me up is asset protection (i.e. umbrella poli...
Looking for some opinions on how to proceed with some difficult mid term tenants. Warning TMI and or ranting… I appreciate you guys. The setup: We have a second home at a lake which we enjoy when we can. We rent it s...
i know plenty of yall argue on this board about the fate of our country...but please tell me yall will at least be rooting for them in the world cup?!?!....BIGGEST SPORTS EVENT IN THE WORLD...side note, i actually exp...
Tenant living in SFR refuses to cut grass. First she told me it was my responsibility to buy her a lawn mower to cut the grass. I went there today for the first time in months and the grass is knee deep. I'm worried I...
I am looking to setup payroll for myself out of my company, call it LLC #1, and LLC #1 is owned by Parent LLC which I am looking into doing an S-Corp Election for. What I am unsure about is if the whole 60-40 rule aro...
I learned of this deduction at a real estate training. It may be common knowledge to you all, but I mentioned it to my accountant and she had never heard of it. Let me know what you think!Rather than using the "home-o...