This is my first RE investment and i am partnering with a friend. Our plan is to add more Buy-Hold properties to our portfolio.Should we be registering a LLC for this first property ? Or purchase it on our personal na...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $335,000
Cash invested: $92,000
Four-plex, nice neighborhood
What made you interested in investing...
I own rental homes in Kansas and Missouri. $800 is what I pay in Kansas for property insurance a 3 or 4 bedroom with 2 or 2.5 baths home around 1500 square feet . These are nice solid A neighborhoods.In Missouri, a 1,...
- Relinquished property sales price $205k (original purchase price of $97k)- Replacement property #1 - $170k sales price Question: can I just be taxed on the difference or do I have to exceed $205k in replacement pro...
Considering creating a self directed solo 401K for my wife and curious if there are options where I can utilize the funds for rehabbing my own REI properties? Thinking I buy cash, have her IRA loan me the rehab which ...
Over many years of traditional employment, we have acquired several small tax sheltered annuity accounts. They were not great ideas to begin with and now we would like to consolidate all of these small funds into a r...
Even if you have strong positive cash flow from your rental real estate, chances are you still have a loss for tax purposes due to the depreciation deduction.
This is a great tax strategy because your positive cash...
I have been researching for months about how to select a 401K plan but in all honesty I don't really understand how to best choose a plan. Real Estate makes sense to me when I read a book, a forum post, or a podcast. ...
I'm new to the area and came across a nice deal in Kings Mountain. From what I see it's not stellar in terms of population or job growth, but does look like it saw big price increases lately, I assume it's mainly popu...
We have a property that we have purchased with cash and are now looking to do a 1031 Exchange. We bought the property for 140,000 and put 20,000 into it. If we sell the property for 250,000 do we have to reinvest the ...