Zhi Li
OOS investors, does your rental income get double taxed?
Hi all,I am a newbie investor living in CA and I am just about to close my first rental purchase in IL. But, my CPA told me that since I live in CA and the rent is coming from IL, the rental income will be double taxe...
Anton Bachuk
Holding a flip long enough for avoid higher taxes in PA?
I am looking to get my feet wet in real estate and found a property that is in need of renovations in western PA. One thing I'm trying to figure out is just how quickly can I flip it. From what I understand any profit...
Mats Daniel Skrede
Correct way to write off inventory first yr after purchase?
Good day, all! Last year I purchased my first investment property. In my bid that was accepted, I included in the conditions that I buy the property as is and that everything will be included with the purchase; includ...
Steve Sauro
Flip financial advice/question
I have several rentals but have never tried a flip. I'd love to hear from anyone that has FINANCED the purchase and then had a contractor to the the work - then sell it and split the profits. I just want to make sur...
John Vitta
Rehab Manager Commission/Salary
I have a Rehab Manager that will be managing the rehabs of my flips. What is a typical and fair commission to manage rehabs? He would be responsible for hiring contractors, managing the project and getting the work do...
Chad U.
Typical General/Managing Partner or Asset Management Fees?
Hello commercial or syndication investors. I know this may be a very broad question, and there are many variables involved in coming up with specific number. But based on your experiences, what is a reasonable fee ...
Randy Smith
How are Passive Investors Paid?
After the excitement has set in once you’ve discovered the amazing returns passive investing through syndication can provide, you’ll want to dig in and get a better understanding of how you will get paid. In this bri...
James Bradley
Selling my first home, post-divorce
Hi all!I am under contract on the sale of my first home, I have owned the house for 10 years in Oakland County, MI. I HAVE lived in the home for 2 of the last 5 years and the reason for sale is my recent divorce. Here...
Abdul Siddiqui
Investment Project with friends delayed and costs increased
Hi everyone, I have invested in an SFH construction project with some friends. My investment was $25k and project completion was May 2021. I paid them in Dec 2020. Due to the recent housing crises, the project saw del...
Steven N.
Got a great deal on sfh. not sure how much reno I should do
got a great deal (131k) on a sfh worth 220-230 all fixed up.The thing is it is actually in really good condition and clean. Its slightly outdated but still clean.Not sure what to do. Please see quick walkthrough. What...