Does anyone still purchase or pay for tax leans in 2024? I am trying to learn more about the practice.What are Some things to look at? What to watch out for? What is the reality of it from real experienced people?What...
Hello all,I new to this and need your opinion. We own rental property in a residential area (not held in an LLC), but we are barely breaking even with less than 1000/year. We like to sell and buy a turnkey property, ...
Hello All,
I have set up multiple member LLC's for my SFH rental's and would like to know your thoughts on filing IRS form 1065 and obtain K1's yourself. Is it mandatory to go through a CPA ? Please share your experi...
Hello to all at BP. I recently moved to Tarrant county, TX from NEPA. Presently, I am a truck driver but as a former realtor in NY and PA, I still have a desire to be involved in RE in one form or another. I prefer...
Hello all,
I live in the SF Bay area. I joined BP a few moths back, but have been, busy with school and work. As a result, this is my late intro now that I'm on summer break. Last summer I purchased my first investme...
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...
Hello,A newbie just starting to learn the basics of owning real estate. I learned about the possibility of buying homes thru Tax deeds afer reading RichDad PoorDad. I have created an account with the county's auction...
Recently I had questions about moving or withdraw funds from former employer 401K account to invest in RE. I've learned it takes a lot of impact with taxes and penalties and better off to move funds to Self-directed ...
I was hoping to pick everybody's brains on how they complete their cash flow analysis. I'm trying to figure out all of the expenses but I want to make sure I'm not forgetting anything. Thanks for the feedback!
Duplex cost: $230,000Total rent per month: $2,300Annual taxes: $6,200I would need to invest about $3,000 into the duplex to have it ready to rent. It was built in 2006 so it is in pretty good condition. 1 half is alre...