Okay so I used to be pretty smart. Or so I thought. But it's been a while since I've done anything remotely "active" in the property investment world. I have been renting out a few places as a sole proprietor that jus...
Can anyone answer if you pay a transfer tax in the state of Pennsylvania when moving a property in your name into your LLC?Thanks in advance.Gwyeth
Frankly I have a hard time understanding what a listing agent does, besides list the property. How is one listing agent better than another? From my perspective, a listing agent merely lists the property, then tell...
My wife purchased a rent to own (a year before we were together.) She has a resident living in the home that covers her payment and nothing more. I haven't seen the paperwork on it yet, but judging by the payment a...
Ok so Im at a crossroad on how to go about wholesale real estate. I've never done it, but I think I've found a deal. Can anyone advise me on the next immediate effective steps to take advantage of my 1st deal? Also pl...
I am interested in forming a partnership for a future multi-family buy and hold. In exchange for 20% equity, I would locate the deal, perform minor maintenance and repairs to get property ready, and manage the propert...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $90,000
Just purchased this house and plan to BRRR it. Working on getting the current tenant out of there (not paying r...
Just heard about this tonight ... Google: "corporate transparency act summary"It's set to take effect Jan 1, 2024, apparently. Here's a little of what may come up:"The Corporate Transparency Act (CTA), enacted in 2021...
Investment Info:
Mobile home buy & hold investment.
Purchase price: $395,000
Cash invested: $50,000
31 Space Mobile Home Park.
What made you interested in investing in this type of deal?...
IRS Released Notice 2020-23 which basically extended ...everything left that was due before 7/15...to 7/15. Additionally, It included some wording that referenced back to an IRS rev Proc 2018-58 which was released a f...