Hello-I am 35 years old, married with two small children (4 and 3). I'm in year 2 of my business (not real estate related), and am projecting to NET over 1 million dollars this year, pre-tax. My plan is to first and...
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I have loaned (2nd position) to a flipper using my SDIRA. A hard money lender was utilized for the 1st position loan. The property was purchased around mid-August 2018 and placed on the market in November 2018. It is ...
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The rental market is a dynamic environment, and one constant is change. From updated tenant rights laws to shifting zoning regulations, staying compliant can feel like a moving target. For real estate investors, adapt...
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Hi everyone,
I am in the process of partnering up with a friend of mine on a JV on a real estate project. I would like to get some insights from people that structured JV and different ways to go about it.
Here's ...
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I have a question about being a "real estate professional" for tax purposes. Do I qualify, if a work as a property manager (W2 pay) and manage/ workout my own 4 plex on the side? I intend on growing my portfolio and w...
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The risks of real estate investing can be mitigated through various strategies:Research and Due Diligence: Thoroughly research the market, property, and neighborhood before investing. Understand factors like demand, s...
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I am wondering on a how to go about starting an Llc with two friends. We are looking at a deal. Where one of us would need to live in the house for a year. How much rent would that person pay ? 100% of Mortgage ? 80...
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Hi all,I am currently in the process of selling a vacant lot owned by my LLC in Washington state. I have owned the property for about 2 years and will only make about $8k, but I was wondering if there is a way to avoi...
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I’ve left an employer after 9 years and have $100,000+ in retirement sitting in a 401K. I’m undecided on what to do with it. Move it to IRA. Roll it over to new employer. Cash it out, pay the penalty, and buy more rea...
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I am knew to being a landlord. I understand that my question can be different in each state. I had a tenant sign a year lease and after 4 days wanted out of the lease. I granted her her request. In the lease they hav...