Jason Glenn
How to buy Grandmas properties?!?!?
First off I'd like to say thanks for the many invaluable post and disscousins on the bigger pockets forum. I am a long to reader and a first time poster. with that out of the way I have a thread of questions.My grandm...
Tom Wagner
Rehabbed a foreclosure. What now?
I recently purchased a foreclosure. This house was late 2017 new construction and sold as just the shell. The house is almost finished and I planned to live in it but we all know things come up and life happens. I may...
Account Closed
Closed down alf
I acquired a 17 bedroom, 10 bathroom closed down alf through foreclosure. Theres three seprate buildings the Main building is 10 bed facility with 10 bedrooms and 6 baths plus office, utility room, kitchen, dining roo...
Roman Rytov
Any risk with segregating the cost for accelerated depreciation?
Purchased my first commercial (Industrial) building and planning to segregate the cost to accelerate depreciation. Considering engaging a 3rd party company with their engineer visiting the place. Any disadvantages wit...
Leslie Fitch
Health Insurance needed for investor
We have been flipping for a few years (averaging 30-60k each profit) and have 19 rentals under our belt and growing that bring us about 4500. profit a month and are now ALMOST able to quit the full time job of 27 yea...
Kenneth LaVoie
Suncontractor vs. employee - pros and cons
I have a great sub contractor that I may take on as an employee. He appears to be a lifer. (If he can put up with me, that is!) He will be doing things such as:
carpentry
roofing
light plumbing (but no electric)
lig...
Adam Jaspon
Is an LLC or a S-Corp the right entity for a rehabbing business?
I'm currently a landlord and utilize an LLC for that side of my investing, however I'm preparing to start a rehabbing business and I'm unsure whether an LLC or an S-corp will be more beneficial.Any advice is much appr...
Jocelyn Canfield
Tax strategies as rental vs.holding title w/ disabled adult child
This past spring I purchased a home that my disabled son is now living in. Because things came up very quickly, I took title in my name only, which means that I have to pay tax on the rent he is paying. Given that I s...
Richard Warren
Does the house of cards begin to collapse?
Social Security is about to begin paying out more than it takes in.
Article: http://news.yahoo.com/s/ap/us_social_security_ious
Since the Social Security Trust Fund is nothing but a bunch of IOUs, how long will it ...
Kairaba Burson
capital gains tax!!
im new and learning the ropes. i see a lot of people rehabbing and prefer it. are they getting hit with capital gains taxes or is there a way to lesson the impact of them? in a 15% bracket do you just get use to ex: 2...