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...
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...
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...
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...