I have 2 properties that are getting ready to
Settle in the next 30 days, I would like to do a 1031 Exchange either into another flip or into rentals. I have read conflicting info on this topic in regards to flips, ca...
State of Illinois... My tenant recently sent an email complaining of bed bugs. In the letter she referenced that I had not responded to earlier complaints but this didn't happen...so it appears she's starting off l...
Good Evening. I live in San Diego CA and i am about to sell my third flip this year.
My First two flips the FTB took a larg percentage from Escrow for cap gains. In reading thorugh some of the other posts its...
Does anyone have an actual (net after-tax) return breakdown from a multifamily syndication that they have participated in as a Limited Partner?
I'm particularly interested in Limited Partners who would not benefit fr...
Hey all,I'm finally at the point where I'm going to file for my LLC. There will be four members (all close family) involved. I'm in Illinois and the cost to fill out the paperwork myself is $500. My CPA will do it for...
Hello, I am a buyer and I requested that my buyer's agent get the listing agent to send over the selling disclosure for me to review. I looked at the selling disclosure and one of the things on there is that you must ...
What is the best business entity for people seeking to buy a duplex as their first home and rent the other unit out? The property will be paid with by residential lending products and personal money, but how is the bu...
Currently have a Wisconsin LLC with 3 MF properties, we are currently selling 1 (but likely all 3) with plans to move the funds to invest in the South. Our CPA advised that it would be best to create a 2nd/new LLC in...
I bought a flip for 60k i sold it for 95k 5 months later the rehab and holding costs were 9k, where do i show the profit? on a schedule D? thanks, also My friend and I bought a property together, we rent it out, do we...
Hi all,
I've been reading for a while and hope I have learned a lot over the past couple years. We are finally in the position to buy our first house in an area I really love. We have a house under contract and I'm q...