John K.
Seller's financing - pro-rated rents?
Hi,
I am finally finishing the seller's financing contract (I am the buyer) and I have a question about pro-rated rents. The house is currently occupied, and I have read in a few books, that when you actually close i...
Eric Neeb
Investing with a large group of friends
I recently brought up REI in a group email with a bunch of friends and I had a lot more feedback than I was thinking I would. It sounds like there would be a group of about 8-10 who all have interest and most of them...
Nick Roth
Do I need a termination letter for a tenant leaving a lease early?
I have a situation where a tenant is backing out of the lease due to health related issues. They had signed a lease and as they was moving in, found out the home just isn't right for them. I have since then found a ne...
Duke Giordano
Tax attorney for LLC set up with real estate experience
Hey Guys,Do you have any experienced tax attorneys in real estate that you recommend for setting up a proper LLC for RE investing and Asset protection? I am actually going to be investing mostly as an LP in multiple ...
Vincent Nguyen
Private Lending Process
Hi everyone,
This may be a very simple question, but I need clarification on using private money. If I borrow enough money from friends and family to buy a rental property full in cash, is there a restriction on thes...
Amanda North
Review On Ben Pargman - short sales
Ben Pargman is a lawyer who now specializes in short sales. He host bootcamp events for the purpose of selling his system and his countless associates of gurus and coaches.
He sells his short sale coaching system 50...
Curtis H.
Does paying mortgage give you equitable interest?
Not sure what forum this goes in but I have an interesting question. This doesn't involve me, but a childhood friend. I'm not sure what to tell him. Here is the scenario as simply as I can put it.* Used family member'...
Jorge Vazquez
big shake-up in the real estate world
So, there's been a big shake-up in the real estate world, especially for agents. Basically, the way agents earn their commissions is changing due to a settlement that's aiming to make things more transparent and fair....
Patrick Sears
Originating notes and tax burden
Hello,
Anyone selling/flipping homes on owner-carry as a dealer? No landlord headaches vs holding for appreciation, but wow-the short-term capital gains (ordinary income rate) plpus the self-employment tax b.s. real...
Karen M.
Real Estate Investing and Taxes
Dear BPers,
I'm interested in learning more about Real Estate investing and taxes. We are getting close to amounts where our income might be too high for ROTHS (Have to check this after the standard deduction. We to...