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Okay forgive me if this is a super junior question...We get all sorts of deductions from depreciation and whathaveyou... But if we hold the house in an LLC... doesn't money we take out of the LLC get taxed like income?
I have a crappy job, so money is an issue and I am trying to figure how to make some quick money to buy rentals which what i want to do in life.
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I've always been intrigued by the idea of buying foreclosures, but I'm also painfully aware that each of these deals involves a story of heartbreaking loss for someone else.
Can those of you with knowledge in this ar...
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Hi BP,I've had a tenant for about six months who has typically paid on time. However, she has run into some hard times and is now behind on rent by $1,890. ($840 remaining for Dec 2019 + $1,050 owed for Jan 2020 = $1,...
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Has anyone worked with Allen Financial Services? I came across them in Facebook and they appear to have great terms, but I'm unable to find any reviews about them online which is strange in this day and age. Just wond...
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Hello everyone i am excited about my new endeavors in Real Estate Investing. After finishing school at Texas A&M i moved back to the DFW area and now working as an insurance broker. I am ready to get involved in ...
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I am looking at buying a duplex in University Heights Ohio. Which is in East Cleveland. Not too familiar with the area but I know Cleveland has promising rents and the property it currently rented and cash flows well....
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I am getting ready to close on my second “brrrr” single family dwelling, using my HELOC to fund it all. In my effort to find more deal opportunities, as soon as I got the most recent one under contract, I have had a f...
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While searching for properties, I found a guy on Craigslist in FL looking for private investors. His name is Peter Sturnialo and his business name is NGS Business Opportunities LLC. I sent a message and then spoke wit...
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I see a lot about wholesalers reaching out to distressed sellers and finding cash buyers who can close quickly to relieve sellers. I'm personally looking to buy a rental property and I want to integrate the "off-marke...