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I always like to take the first month of the year to look back at my past year and plan for the next one.In 2014 we bought and sold our first flip for a nice profit, I've discussed this in previous posts so I won't ge...
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He BiggerPockets what's all your take on forming a non profit and donating a percentage of monies from deals to a cause? Any input would be appreciated?
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I'd like to get started with real estate investing. We currently have owned our home, and I am looking to buy some real estate to grow my portfolio and achieve that financial freedom that's always talked about. The be...
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BP , I have a question should I get a LLC when purchasing a rental property? Or should I purchase in my name. Does anyone have any knowledge in this area. Your help will be very appreciated thank you in advance.
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Hi all,First time poster here, I would like to buy my first home soon, so I am trying learn about real estate investing, from Seattle, WA. I am reading one of the Rich Dad, Poor Dad books: Retire Youg Retire Rich, an...
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Good morning all, I have formed an LLC out of state in order to insulate myself when buying mortgage notes. If I put that asset in the name of my LLC and receive payments through it, I am assuming I will have to pay s...
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So i was researching about passive losses and i found out that i cant claim passive losses if i dont materially participate in the property or (if i am not a real estate professional). How can you show material partic...
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Hello,I am doing my taxes right now and, under the "PERSONAL" category, I see "Interest and Dividends", under which there is "Interest from Seller Financed Loans". I reported the interest I earned from my notes there....
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Hello,I'm looking into getting a RE license and I was thinking about going to Keller Williams or Century 21. I'm in the Long Beach/ Huntington Beach, CA area. Any advice as to which one to choose? I'm also open to ot...
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Connecticut law states that the security deposit MUST be held in an escrow account. When I went to the bank today, they advised me to open a Landlord Tenant account which I believe is not an escrow account. Can someon...