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Hello real estate investors community. My question is about how fix and flips are taxed. It seems like everyone talks about turning properties as quick as possible, however it's my understanding that if you turn it ...
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Background & Context
Today's New York Times reports on a new publication, Appraised. The publication argues, based on recently released appraisal data-sets, that current day appraisal processes bake the results...
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Hi everyone! I am looking to purchase a duplex, triplex or quadplex to house hack while obviously showing good numbers. In my areas of search (Hagerstown and Baltimore MD) I am finding what I think are awesome deal af...
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I have never used birddogs before, but I know a lot of investors have. Other than Cragis list or your local investors group, how can you find a good birddog? How much do you pay? Some say they pay a flat amount and s...
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Hey everyone,I wanted to hear everyone's opinion on buying rentals on well water. Pros and cons?I am in the Chicago land area so hopefully, I can get some input from local investors.
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I am an OOS investor looking at Ohio (for next year) and I have narrowed my opinions to Cincinnati, Dayton and Toledo. If there is another City I should have on my list, let me know. I am interested in properties in t...
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Does anybody have accurate up to date information on how a newly build or a renonovated structure will be appraised if it is a detached ADU . I have been told that it will be asessed differently on square footage to t...
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I have an LLC with a partner that is currently being taxed as a partnership. We are considering electing sub-chapter S status for 2013 to help save SE tax, we are in the business of flipping.
Currently we have an ...
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Hi guys! Ive been listening to the podcast for several weeks but just created my account today. I have done some research into investing out of state but it still feels very intimidating and now I have military orders...
I always wondered how lenders verify tax returns in Canada. In the Usa, lenders can make you fill up a form that will allow them to pull your tax returns themselves, but such practise doesn’t happen in Canada. Lenders...