Hello BP!I have a rental Condo in Southern California (City of Santa Ana) for 3 years now. I always get a notice to pay for the "Proactive Rental Enforcement Program" https://www.santa-ana.org/prep-program/. From a re...
Hi Everyone, l would like to know, if its possible to use pre tax money from my business to acquire real estate? As l've spoken with few investors about the subject and l have been getting different answers. Thank yo...
When the mailing address is a bank like fifth third or old second for example here by chicago, does that mean the house was foreclosed or what exactly does it mean?
I am considering two options for purchasing a A+++ SFR cash, Option 1 to place in a self directed IRA and let the IRA own the property and Option 2 is to buy in cash upfront and pay the taxes owed.I am 62 years old an...
Have a great deal I'm about to get into escrow and have a couple questions. The different 593 forms I have read are a little confusing and mainly this is for the seller and what he wants to have at closing of this dea...
I have been contributing the maximum to my 401k account, including the catch-up contribution for those over age 50. My contribution far exceeds that needed to get the maximum company match.
I wondered if this...
I'm looking to get started in multifamily with few partners in Cincinnati Ohio. We're looking at a 40+ in Moraine, OH. I really don't know how to ask questions on BP now without getting flagged...LOL! Are there an...
Hey allI am new to this! Just bought my first house, and with my considerations of naming the house after me or after my newly opened LLC, I do some research. So with the discussion of an LLC versus personal home owne...
I have an LLC and it has its own business account and credit cards and everything. The business is not generating enough revenue to cover all of the expenses, so when a bill is due, I deposit cash and categorize it as...
Need some help Guys!We've asked two Accountants and gotten two different answers to the question above. So let me define this hypothetical a little further:On a multifamily sale (strictly investment property), after p...