Asking for a friend.
Rental property bought as husband-wife. Title: held together as a married couple. Now going through a divorce, wife wishes to do 1031 on her share (50-50). Since IRS rule is that tax id of proper...
Thought I'd put this out here for any serious opinions. When a fund deploys investor money that comes from an IRA or employee benefit plan or pension plan, that money is ERISA eligible and possibly subject to the 25% ...
Does anyone think that Chicago's record tax hikes and the possibility of a tax exemption for property's under $250K will lead to a new round of gentrification largely driven by Millenialls wanting to live in the City ...
I've heard of people retiring on real estate. They just have a bunch of rentals. Would you be willing to do that? Maybe have a decent sized pool of cash to take care of the occasional roof repair or personal expense, ...
As the title states I am interested in hearing opinions on what people on here think is my best option for salary compensation to allow for long term wealth and RE investing. I currently work a J.O.B. that i enjoy whe...
Good morning everyone. I’m a 26 year old union electrician in north central Illinois. My fiancé is a 24 year old public school teacher. We both get pensions at 59 1/2. On top of that, I’ll be starting 2 Roth IRAs this...
For the past 4 years I have been investing in Commericial Real Estate and Land in Los Angeles, California. I did do one tax return in 2012 using turbo tax but I never bothered after because I was making more expenses/...
Trying to learn about hard money ,and private investors in buying new properties! We currently own 8 addresses we rent. One being a double, and one being a triplex. We owe no more than 35/40 on each.I love owning a...
In our almost 30 years of time in the 1031 Exchange business, we have had at least a half dozen serious attacks on Section 1031’s existence. Although the 1031 Exchange has been in existence for almost 100 Years, it is...
Hello,Within the last few weeks, I've found the drive to put my desire to create passive income in front of my fear of moving forward to become a real estate investor. I've gotten LOADS of great advice and suggestions...