Andrew Taylor
Walk me through income & tax implications
My wife and I are closing in on our first multifamily property, and I'm really enjoying daydreaming about all the positive cash flow and how I'm going to enjoy it. (Don't anybody burst my bubble.)I'm curious about a c...
Goanar Mar
Guidance on getting started
Hello, My name is Goanar Mar and I am from Minnesota, but currently attend the University of Northern Iowa and play basketball there. I have one more year until I graduate and will be playing my last season as well. I...
Danny Colacicco
Got a call from direct mail, but the house is listed with an agent.
Hey everyone,
We did a direct mail campaign to out of state owners, and we got a call from someone who has had their house listed with an agent for 5 months. It was originally listed for 275K and now is it a...
Don Konipol
Cleaning out my house and I found……….
Old tapes from a Jimmy Napier seminar, marked 1981!. Don’t have a tape player so can’t play them, but later I found the “workbook” that goes with it. So I took some time to read the workbook as this is what got me s...
Michael Dunn
3 Real Estate / Tax questions I need some help in understanding
1. How does me Making $10,000 a year from Rent from one Rental property , come into play , via Taxes on this $10,000 ?Can i keep all $10,000 of this as Pure profit and Pay no taxes on it via Writing off certain things...
Roselynn Lewis
Investment Goal Setting
I am new to real estate investing. I have started the process of educating myself and it seems one key is having concrete goals. E.g. Say my initial goal is to generate $ 5,000 - $10,000 per month in free cash flow th...
Mitchell Kane
Borrowing money means less taxes?
Hi all,First time poster here, I would like to buy my first home soon, so I am trying learn about real estate investing, from Seattle, WA. I am reading one of the Rich Dad, Poor Dad books: Retire Youg Retire Rich, an...
Karl Kauper
When Can RE losses not be taken against ordinary W2 income?
My accountant stated, “The losses incurred on the rental properties cannot be taken and will be carried forward as your income exceeds $150k, thus no losses can be taken against your ordinary W2 income.”I was really s...
Jim Tiernan
What's the best way to convey "I'm looking for long term seller financing"?
since most mom and pop sellers get confused by "seller financing", how should I phrase it?
"I'm looking for sellers who want to receive their equity in monthly payments"?
"I'm looking for sellers who wa...
Anthony King
Private lending from family members
Are there any rules/regulations regarding private lending from family members? How are people structuring these deals? I have been doing flips/BRRR's with my own money and would like to bring on family members to earn...