If someone is a "real estate dealer" and can't report profit as short term gains from developing or flipping property, then wouldn't the best option be to buy and sell through an S-corp since they're a business?
I'm looking at a potential self-storage deal which I could use some assistance with. The quick summary is that it a facility that was effectively abandoned 5-7 years ago due to the death of the owner. I understand tha...
Hey Folks,Here is the strategy I am using. It seems pretty complex.My wife and I have rental properties.My LLC, taxed as a sole prop, has a 401k with another property in it.For the 3 rental properties my wife and I o...
I am looking to buy an existing self-storage facility in the Southeast TN/North GA area and just found one for sale. I am mostly just working on learning how to properly analyze these deals. I am struggling to figur...
I own a single Cabin in a vacation town in WA state that I use as a family vacation home and STR. When I first bought it 5 years ago I lived 2 hours away, had never owned an STR before and worked full time so it made ...
So I'm waiting on pre approval for an FHA loan, and then plan on buying my first property, which will be multifamily. I know with an FHA loan, you must occupy one of the units. Would it be worth hiring PM, or landlord...
Hey BP, I'm looking for a real estate agent in the Fort Worth area that works with HUD and REO properties specifically. If anyone has recommendations that would greatly appreciated. Thanks BP community
I am looking into buying my first self storage facility. I want to reach out and get feedback on where I would be able to find off market self storage facilities and how to approach the owner? I have a duplex I have b...
Hi - I do not own ANY real estate yet, but hopefully will soon. I am interested in purchasing student condos around university area around Provo, UT.Since I don't have any cash saved yet, I am thinking the best entry...
Hi All!Have spent some time reading the posts about self-directed 401Ks -- I had no idea about this structure until I joined BP!What I haven't seen, but am curious about, is how much does one need for this to be a rea...