James E.
It's 2018... someone tell my why these are still thing
Can someone please explain to me how, in 2018, we haven't come up with a better process for:1. The real estate title systemBetween title searches and title insurance - the real estate title system is a $15 BILLION com...
Kin Lay
Question about Rollover 401K Setup
Hi everyone, I quit my job last year around May 2019 to do a coding bootcamp to change career. I had around 40K in Fidelity 401K account and I rollover-ed to TDAmeritrade when I left the company. The current account t...
Tom Sproul
Cost Segregation - Scale?
At what scale does it make sense to start exploring a cost segregation study? Does the cost of the study scale with the size of the investment? Who does these (not looking for specific companies), is it accountants,...
John Woodrich
Short-term Rentals in Minneapolis
Minneapolis is going to vote on adding regulations to people conducting short-term rentals in the city: http://www.startribune.com/minneapolis-city-counci... I haven't read the language but I wonder how they are going...
Danny Day
Fix & Flip Capital Gains
Can someone point me in the right direction (or refer me to an article) on how much I should expect to hold for capital gains tax for fix & flip deals?
I am in the process of forming my LLC right now, and will be...
Tami R.
New Flippers
My fiance and I have twin boys and two other kids. We have a wonderful house of our own and we both have great jobs. Dan is the owner of a successful construction company and I am in marketing.
We bought this small h...
Sam White
Texas Property Tax Blood Bath
Blood bath is dramatic, but hoping to get some conversation going on this. lol. Homeowners across the state of Texas are getting jaw-dropping tax notices in the mail this month. Huge reassessments of value on their p...
George Leeman
S corps and Distributions taxed as capital gains?
I am considering starting a s corperation to own my LLC's that I keep my rental properties in. From what I understand I could pay my self a small management salary of something like $6000-6500 per year, and receive th...
Marc Webster
I have $725k in equity. Whats the best way to Invest/Leverage?
Hi everyone. We currently have 2 rental homes and both are completely paid for. The rental houses have a combined equity of $725k. Also have $100k in equity in the house I live in. The 2 rental houses bring in $1900 a...
Jack Perfett
Do These Closing Costs Look Correct?
Hello!
I am currently in the process of purchasing my first multiunit house hack in the Philadelphia area. I am using a 3.5% down FHA loan and have received a loan estimate on a property. The property is $425,000 and...