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A business partner of mine is in a partnership that owns an apartment building worth about $3M. They've been upgrading units as they've become vacant, which has reduced the monthly cash flow temporarily with expectat...
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My husband I make about 140k total per year before tax. We live in a tiny converted garage studio in Oakland for $1400 per month. We also support extended family. This is a very important value to us and nonnegotiable...
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$850K sale price
$185k seller finance @4% for 48 months
Due to seller at close $595K
Current Rental income $6900
Market Rate Rental Income $7300
Turn Key Business Net Income (included in deal) $2200
Theres ...
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Hello everyone. I am quite new in the area of RE investing, while my area of residence is Greece, Athens. I am working as a financial advisor for a multinational consulting firm the last 6 years, and I have decided to...
I recently started a retail store and I am running the business in a building owned by my real estate LLC company. Is there any tax benefits from my retail store paying a higher or lower rent?
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I understand basic real estate(thank you bigger pockets) and I am building good capital through my salary as a 26yr old with time on my hands. I'm confused if I should fix distressed properties and sell it. Or do BRRR...
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Hello BP my name is Drew I'm a 20 year old college student studying business marketing. I have been reading and researching real estate investment for some time now and definitely something I want to be involved in. I...
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Am I all alone here? People in my area can make $50/hour. Now, if we extrapolate from this, 50/hr x 40 hours/week = $100,000. Many of the people are dual income families. So a couple makes $200,000 per year. How ...
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There are hundreds of topics on this forum regarding tax strategy for LLC. When I talked to my CPA, they explained if I will classify my company with IRS as S Corp, then I will be avoiding paying self-employment t...
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I have been lurking around the site a bit (Thanks for the referral Trevor Burns!!), and have gotten lucky up till now (good advice from lots of sources), but want to know how to go about the next step!Current situatio...