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I'm new to investing, and want to start my journey with acquiring properties with the "subject to" method, and owner financing. I want to use the cashflow from these to start acquiring more properties. My question is ...
Hi,
I have acquired a handful of single family rentals and i think it is time to take them out of my name and create an LLC. I am looking for a knowledgeable lawyer, familiar with NJ, and preferably close to the Prin...
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I recently met with my accountant and he told me that an S Corp can buy unused expenses from another S Corp. I have a relative who has accumulated over $300,000 of expenses over the past 10 years that he has never wri...
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Hello All,
I'm new to real estate investing and heard some talks from some friends regarding investing with your traditional IRA and/or Roth IRA accounts. Currently, my IRA's are with Charles Schwab (but my current ...
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I currently reside in Turkey, but approximately 28 years ago, I was living in Long Island, NY. At that time, used to be a vendor at Attias Flia Market in Sayville. I held a bank account with Northfolk Bank. However,...
Hi: I need some advice on doing 1031 when vacant land developed into single-family.[ and change of address ]
- In 2017, my trust (pass-through entity) sold a piece of land, did 1031 exchange, and acquired 10% proper...
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I acquired a duplex in December in Massachusetts and owner occupying, regarding setting up a sole proprietorship to gain a business bank and credit account, is it worthwhile to do so or wait to set up an LLC. Current ...
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I am considering selling my house to my Mom.
Why: She loves the house, most high cost items have been recently replaced (roof, HVAC, flooring), great neighborhood, great yard and epic treehouse.
Concerns: she h...
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Relatively new to the RE investing and i have acquired one property and in the process of acquiring another now. Looking for a good RE Accountant to help with tax strategy and an Attorney to help setup the LLC and hel...
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Sorry for the long post but I am 32 years old and looking for some advice on next moves. I currently have 6 doors; 5 rental 1 primary:-$280K single family home in North East Austin with $177K loan balance, cash flow $...