Giedrius C.
Passive investor in flipping and self employment tax
I will be a passive investor who will finance the flip and my partner will do all the work and we will split profits according to our agreement.My preferable way would be to buy it in the name of the LLC I own 100%, m...
Carlton B.
Funding Flip with Family loan
Securing hard money loans for flips has become more and more expensive. So I'm exploring the option of involving family members as investors in my next flip, borrowing funds from them at a 10% interest rate, resulting...
Angelo Llamas
Tax breaks for a rental breaking even
I’m a little confused on what happens when your rental breaks even and you do tax breaks or write offs for maintenance , travel, etc. Does nothing happen or you don’t get anything since the property is not generating ...
Frank Bohn
Help me structure a deal with my parents - buyout/exit strategy
(TL,DR) Searching for an exit strategy/buyout options on real estate investment involving 2 couples - each with kids as heirs. I'm hoping someone here has a similar scenario, or can provide some input to this deal. ...
Dwanell Warren
New to the Chicago Market
Hey there, Bp pockets community,Just wanted to stop in and introduce myself real quick!, I jumped into this business 2years ago after reading some books. i finally took some action and started off in the st louis mark...
Dustin Baldwin
Structuring an LLC for Asset Protection
Hi Everyone,
So I am a relatively experienced buy and hold real estate investor who is looking to partner 50/50 with someone on some different flips, and possibly larger properties.
My question is this: We reside ...
Samantha Prince
When should I open an LLC?
At what point is it wise to open up an LLC for a real estate business? Curious to know when I should open up my own.
Weronika Jedrak
Self directed IRA funds for private money lending
Hello, I have a questions about self directed IRA. I have a private money lender who is interested in lending on my latest flip, she would like to use her funds from self directed IRA account. Would she be taxed on th...
Tyree Etheridge
East Coast Conferences
Hello all, I've noticed that there are several conferences involving notes that take place on the West Coast; however, I don't see very many on the East. I'm hitting myself on the head for missing @Dave Van Horn's Mid...
Abbey Landis
Not a company - a Person - Nigerian Scam
Hi All
This is about a person, not a company.
There is a person who goes by the email address
[email protected]
She claims she is in Alabama, USA.
She states she has $7M US Dollars to invest in real estate opp...