I have owed and rented a few single family homes over the last 10 years, and have found them to be a lot of work, with a general 10% return. Does anyone know how I can buy a interest, or share in an actual apartment c...
I just received a accepted contract on my first flip, in St. Louis City, MO. Happy with the way it turned out and the profits. Still have to get through inspections.
But List price $99,900, sold for $98,000...
How are 1) cash flows and 2) any equity gains upon disposition treated in multifamily syndications? I've never been through one round-trip.My understanding is this: the cash flow distributions are not taxed because of...
Just curious to see if any of you have contributed to an education IRA 529 plan for your child's future college expenses. I have heard that the 529 plans in Utah and Nevada area the best as you can select low fee Vang...
Hi. I understand with flipping you have to pay ordinary income taxes on the profit.Could anyone explain how taxes would be for a partnership, in which profits would be divided 50-50 in the following scenario: ==one pa...
Hello BP Community!My name is Alex Yates. I am brand new to the idea that ordinary people can invest and do well in real estate. A friend got my wheels turning with the introduction of the FHA loan and after discoveri...
I am a single family investor looking to make a first multifamily investment in a friend's company where he is the lead GP. Need advice if this is worth looking into.
The property has been negotiated at a 20% discou...
Let me start by saying I have hired a CPA, and have a future meeting set up. I also appreciate multiple voices on projects I am taking on. I am looking at establishing a new single-member LLC. I have 200k in private m...
Is anyone currently in the Wichita Falls market or investing from out of town/state in the area? I recently moved here and been looking around the market to purchase rental properties. Looking around the area though i...
Hello,I am a new-comer to investing. I plan on wholesaling at first to build up my capital while at the same time growing my network and learning all I can about the business. While my plan isn't to remain a wholesale...