The IRS issued more guidance on Wed, Aug 8th on the new Sec. 199A 20% pass-through deduction. But many taxpayers are wondering does this apply to real estate activities as well.The 20% deduction applies to Qualified ...
BP member Scott Hubbard posted the Freddie Mac link below in another thread but after reading it, I thought it was important enough to highlight it on its own. To me, it was pretty eye-opening as to what Freddie (and...
Holy cow. This is just one of those scenarios that I think only fellow BP members could truly appreciate the nonsense. And it was something that I'm absolutely on fire about. It was either vent here or lose my mind. ...
Hi guys, I am a Canadian citizen with permanent residence in Mexico. I've been investing in real estate in the state of Yucatan (the safest state in Mexico) for the last 1.5 years and have learned alot.. so far I've i...
A recent thread pointed out the need for an Operating Agreement which led to maintenance rquirements of an LLC.
Not only do members need to have an Operating Agreement but the corporation needs to be maintained.
Min...
Hello,I have been looking to invest in the Atlanta market for about a month now and will be closing in on a deal soon(I hope). I found a Property Management company called Specialized Atlanta who also does business in...
Hey everyone. First post asking for advice. =) Purchased a duplex for 90K on a land contract in August. About to close on it Friday the 26th and buy out the sellers mortgage with my own. His mortgage was 140, so I wil...
After pounding the payment,negotiating with owners and being told "NO, Not interested"100 times, On the 101st time we got a motivated seller. My company IKEPTIT REAL ESTATE, LLC closed our first wholesale deal 9/14/...
Hello. I'm new to BP, but I see a wealth of knowledge in this community, so I'm here to seek your advice.
I own two properties in eastern Oklahoma. I lived there a few years back and tried to be an entrepre...
greetings. Got a first world problem on my hands here that hopefully others can learn from as well...
I have a SDIRA with equity trust and was told I could cherry pick wholesale deals that I wanted to involve with m...