My brother and I own together a few LLCs which generate 200k to 300k profit after expenses, per year. These are for commercial real estate we own. We have been passing this profit to ourselves as a K-1 distribution. W...
Currently have a property listed near me that has a few acres with a house only 600 sq ft that needs decent amount of work but can be done, houses have been selling fast near me and over priced but this property they ...
Hello everyone. Im in an investor here in Southern California and would like to get an idea of how to acquire an eviction list for my county. Any given info would be highly appreciated thanks.
I brought 9 vacant lots in Spartanburg, SC and want to start building on them. 5 are on one side of town in the same area and the other 4 are on another side same area. They are all buildable lots. Seems simple right....
So, I just went into a purchase agreement on a 4-plex. For those of you that have followed my posts, yes, this is the one with the large lady. However, I have run into a new problem.
The issue is that I want to tak...
Hey there, first time caller, longtime listener here.I have a tricky question regarding medicaid. My father wants to help me build my business by getting a VA loan with me (he's a vet, Im not) and we will have a tena...
This post has its genesis in my own blind stupidity. Im hoping it will go along ways in drawing attention to a major problem in the REI industry. If it doesn't jar your senses you are probably an investor ideally suit...
We are considering a section 8 applicant for one of our properties. I heard the Kansas City section 8 office can be difficult to deal with. Is this true?Any advice when dealing with the section 8 office on main St? Ar...
I am looking to purchase a house in austin and found an assumable VÁ loan that would give me about a 3.25- which is great- but i would have to finance the remaining 400k price difference - and with only 100k cash to t...
Hi,I apologize if this question has been asked. If you form an S Corp with your properties and your building has losses, can you write off those losses against your AGi?