Liz Ridgway
Passive Losses at Time of Sale
I am reading BP’s Tax Strategies book and I wish I had read it sooner. This should be required reading for anyone who owns RE, even if only a primary residence.My question pertains to passive losses. Due to the income...
Austin Grant McDowell
When did you know to go all in?
Good morning! Quick question: when did you know to take the plunge to go all in with your real estate investing from your normal job? Thank you,Grant
Andre Gardner
value of property
Asking price $107.000AVR $135.000 X .70 = $94.500 - 7.000 =87.5000ERC $7.000Value $87.500Tax assessed value $102.000Which value do you go by and is a offer of $80.000 good?
Dontae Dixon
Wholesalers In The Philadelphia Area
Hi,
My name is Dontae. I'm 19 years of age and first off I wanna ask how's everyone's REI going? I am posting this because as of now I feel like I can go out and start wholesaling today, but I can learn faster than ...
Scott Dixon
Advice of Mileage Tracking App or Software
Putting together all of my tax info for the year and I was reminded of how poor I am at tracking mileage. Very interested if anyone has used any iPhone/Android Apps with success. I am imagining an App which you c...
Dana Tenebruso
Direct Contact with Seller
Hi, I have recently put an offer to purchase on an "on-market" deal for an investment property to add to my portfolio. After doing some research I realized the Seller has a few other investment properties. If my incl...
Shana Williams
Pros & Cons on having the LLC manage the rental property
I plan on turning my condo into a rental unit. I have already checked with my lender and they confirmed that if the property gets transferred into a LLC, the due-on-sale clause will take effect. With that being said, ...
Don Konipol
Getting Ready to Start Getting Ready
These are actual instances of people not understanding what entrepreneurship is about1. A good friend of mine told me he started a company to purchase and manage surgical centers. He had no capital to contribute, no ...
Gerald Gray
Lots of Equity...Should i use it?.. if so, how should i use it?
0 votesI purchased my primary residence from a tax foreclosure auction about 2 years ago for 90k cash...(free and clear) Its currently worth about 250k. I also own a commercial building free & clear I got about 5...
Mark Allen
Tenant never transfered utility in his name
Renting out an apartment in California. A tenant moved in 2 years ago and I have recently come to find out he never tranfered the electricity into his name. Its in the lease that power and gas are tenants responsibili...