Agata Ebona
Quit Claim Deed Distressed Property
Hi everyone, I'm a new member as well as a new Real Estate Investor based out of San Diego Ca.I just have a quick question.I have been driving for dollars and found a great flip and fix real property project.My husban...
Shaun J.
Selling an LLC or Corp
Hello BP!Does anyone know what document I would use to sell my 100% interest in my LLC or Corp? AlsoCan my C-corp Own the LLC so that when I sell the LLC the check is made to my C-Corp? Thanks in Advance!
Julio Gonzalez
Bonus Depreciation vs Reclassification
Cost segregation is a popular tax deferral strategy and there is often confusion as to the difference between bonus depreciation and reclassification.
Bonus Depreciation
Bonus depreciation is a tax incentive that ...
Bobby R.
Flip the house or the note?
One of my yellow letters went to an owner where it's listed w/ an agent (he called me). The sellers want what the house comps for, let's say $100K. There's a buyer already in the house buying on land contract that d...
Denise Evans
Warning About Improperly Written Alabama Deeds
Thanks to my friend, Alabama tax sales attorney Greg Stanley, who alerted me to this issue. He and his colleagues are seeing a number of improperly written deeds prepared by non-lawyers, that are causing major headach...
Matyas Sustik
Sweat equity taxation
I hoped some experinced members could point me to the right resources on the following situation.Assume you syndicate a deal and as part compensation for putting the deal deal together, for finding the right property ...
Thomas H.
Is a RE license necessary??
I've been marketing online and through advertisements looking to buy homes. I've done several deals now from these marketing efforts where I have essentially assigned the contract to a Rehabber here in the Bay Area.
...
Mark Betche
Depreciating Investment property
I just read in a book that you can depreciate your investment property. Does anyone know the formula for doing this?
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Quit Claim w/ mortgage
Say John Doe purchased a home and took out a mortgage on it. Later, before finishing payment on the mortgage, transfered his interest in the property via quit claim deed to Joe Blow.
Would the mortgage follow the ...
Navi Veski
Question about HML for commercial renovation
Hello, everyone
I'm interested in any experiences you've had with a hard money loan to complete construction on an existing property. One of my partners owns a successful entertainment business next to Camden Yards ...