I'm super excited to be purchasing my first multi-family property, a 12 unit apartment (8 one bedrooms, 4 two bedrooms) in a great suburban area. I've been a residential Real Estate Broker 17 years and have been inve...
I have had a lot of accountants, some good, some bad, but none of them will do anything but paperwork.
I'm ready for an aggressive accountant.
Where are the accountants that are going to tell me how to write off...
I'm a software engineer by trade with a wife and 3 kids, one of them nearing college age. I recently read Rich Dad/Poor Dad and it changed my entire perspective. I'm looking to build up an investment portfolio of MT...
So this may sound like a basic questions, but why is rent due on the first of the month? What about people who want to move during the middle of the month? Other bills in life are billed monthly, but the due date is b...
Hi all,Im wondering if it makes sense for me to try to set up my own legal entities... I just got quoted $1500 per entity not including filing fees to set up an LLC, and was also told to set up an S-Corp management co...
Hi,
I am planning multifamily / apartment construction in Dallas Metroplex.
Here is my planning, let me know your suggestions and recommendations...
Land : 2-3 acresLand Price: 200 - 300KUnits: 30Construction: Arou...
If my single-member LLC bought a property in 2014, but was not placed up for rental until 2015; so there is no income or expenses (other than capitalized expenses). Do I need to add the property on my Schedule E? It...
Hi all,I'm relatively new to REI and extremely new to business entities. I took the advice of so many others and sat down with a tax advisor and attorney. I'd like to put the protections in place now to shield curre...
Hi Everyone,Trying to create a Multifamily Masterclass to help brokers, investors, newbies break into multifamily investing. I want to structure the class based on five or six most recurring answers. Can you answer th...
Got to speak to an old acquaintance recently who I just found out is a real estate investor. He has a small portfolio of 5 SFH properties in the Boise, ID area where I live with mortgages on all of them. What surpri...