Hi Gang,I wanted to get everyone's take on this.  I'm not one to generally take to heart what other people say that are either a) not in my shoes or b) don't have words of wisdom from prior experience but I've been ru...

Rich vs Wealth

As I have been taught, the difference between rich and wealth is rich people work for money; wealthy people have their money work for them.

To illustrate, some professional U.S. athletes ...

Hey Everybody,
I was listening to podcast #17 with Jeff Brown and he talked about how EIUL's are a really great way for young people to invest in their future.  In a nut shell, with this policy, part of your premium ...

I converted my homestead condo in Uptown Dallas to a rental property 2 years ago when I married and moved, and I am hoping some experienced - and objective - investors can advise me about whether to sell or continue t...

Hey everyone,I've come across an opportunity in the Los Angeles area for a seller financing deal. Based on my conversation with the homeowner, its looking like a 0 down, interest only deal, fully amortized in 15yrs, w...

Hey I heard that some 1031 exchange QI's will actually give interest payment on the amount they hold?  Is that true?For example--$100,000 in a 1031 held for 3 months would cost the investor $500.  If the QI would pay ...

Greetings, I am seeking advice on what course of action I should take to acquire a property in Melbourne FL. that was owned by a family member who is now deceased. My cousin who passed away 3 years ago had no will but...

Hi all, I have an out-of-state rental in Oklahoma.  It's net income is a loss due to high turnover costs, management fees, etc.  If my net income (rents- expenses and mortgage) is below $0 do I still have to file in O...

Hi All,
I would like some advice on the best way to tap into the accumulated equity in one of my rental properties. I am close to owning the property free and clear in the next year. The house is currently worth 410K...

There are proposals in US Congress to eliminate the IRS Section 1031 Tax Free Exchanges, which have been in the tax cade since 1924.http://www.realtor.org/news-releases/2015/07/nar-survey-finds-like-kind-exchanges-pro...