Account Closed
RV Office Write off. Is it a TRAP?
Tax season often leads to creative interpretations of what can be considered a deductible business expense. However, a recent case highlights the importance of thorough documentation and substantiation when claiming d...
Brandon Holcomb
Wholesaling in Southern California
I just wanted to know how much success people have had wholesaling in Southern California? I am currently working on executing my first wholesale deal in the Raleigh/Durham area in NC but will be going back to Souther...
Ryan Pleasant
vacant lot purchase divorced absentee owners
First off thanks for all responses! Scenario: vacant residential lot in baton rouge, la 0.25 acres. attempting to buy for personal use. Located absentee owner through county clerk. Contacted him to make offer and he i...
Yoav Rosenblat
Property Tax reduction
I have a property in Miami-Dade county that I am attempting to reduce the property tax. Does anyone have recommendations for a firm that they had great results with in the past?
Nathan Lenahan
Purchased occupied foreclosure - do I have right to enter home?
We are currently going through eviction proceedings for an occupied foreclosure we purchased and the occupants are fighting it all the way. They just filed an appeal which I am confident they will lose just as swiftl...
Roger R.
Assume personally held real estate to satisfy a 10-31 requirement
Hi,
I'm about to get into contract with my small building in NYC and will be attempting to do a 10-31 exchange. In this, I'm going to have to replicate 1.5mm dollars in financing with the newly exchanged proper...
Cassi Justiz
Double Closing a Short Sale
Someone approached some of the investors I work with for a "favor." Long story short, Person A is attempting to buy his parent's house from them. (They have dementia and weren't making payments, now the house is in a ...
Karl McGarvey
Why I hate the words "Let's Connect!"
How many posts a day do you see on BP, FB, Insta, or any of the other social media platforms that end with "LETS CONNECT!"TOO MANY. And many go unread, ignored by many, because they really offered nothing in the post....
Ray Martinez
LLC or Personal Loan - Shirt Term Rental
Hello everyone,
I would to start a short term rental business and I've started to look at properties.
How difficult will it be to fund the loan for the property when buying as a LLC?
As of now, I've put away about ...
Shawn Thom
Exit strategy for mobile homes
What are common exit strategy's for mobile homes? I am seeing some fairly cheap mobile homes w/land in areas I frequent.
Are people still doing owner finance? I didn't know how much the safe act messed that up.
Do...