Nick Forbes
STR in Historic District
BP Community, looking for advice/connections on the following: CPA with STR experience, RE Attorney, & Cost Segregation. Below is our situation! Property Location: Downtown Raleigh, North Carolina Investment type:...
Account Closed
Is your real estate investing activity a "trade or business" or an investment activity?
I ask this question because there are real differences in what you are allowed to deduct, capitalize and report in these two situations.
Investors that are wholesaling and flipping are typically in the business of re...
Mario F.
Illegal to convert rent control unit into vacation rental/airbnb?
Hello, I'm in the market to buy a duplex in LA. Most likely North east LA but all of the properties in that area are rent control. If I happen to purchase a duplex with both units vacant, can I use one of the units f...
N/A N/A
Real Estate Agents?
So, how much does it cost to hire a real estate agent, and the second question I have is can someone sell their home without a real estate agent? Is it a wise decision?
What are the types of things they would have t...
Billie Joe
Tax Implications of Separating Real estate from Business LLC
My mother and I purchased a rental property last year, we are 50/50 owners. We paid cash for property at 22k, put some work and money into it, and it's been valued by the auditor at around 45k before improvements (how...
Nicholas LaGatta
Permitting Un-permitted Addition, Architect or Engineer Sign Off?
Far be it from me to dabble in grey areas of real estate investing...but I've got a question for those investors and contractors more familiar with dealing with the city of Atlanta than I am. I purchased a property w...
Matt Jepson
Property management companies from a distance
First time posting after reading through other posts and trying to learn tips from everyone else.In our situation, local market is expensive to get in to and makes positive cash flow difficult to see other than STR's....
Michael Whillock
Note transfer of ownership - How long does it take?
I am fairly new to note investing and interested in purchasing notes. Most of the advice points to purchasing a performing note first before moving into NPLs. That makes sense and seems like a good approach to get mor...
Carol Lam
Wealthability program testimony?
Hi,Like many others, I am looking for some feedback on the wealthability program. I had two consultations with Kirt Bassi from WealthAbility program. I am very excited to have a team help my family to achieve financ...
Ben Leybovich
117-Unit Value-add in Phoenix Closed Today
Ladies and Gents,We don't do too many deals, but when @Sam Grooms and I do a deal, it's something special.Today we closed on 117-unit in Phoenix's South Mountain neighborhood. The complex is named South Mountain Squar...