Bill Gulley
Hey, What's Your Goal For 2017?
HAPPY NEW YEAR TO ALL!So, let's put things in writing, what is your plan for the New Year?Hey, the "plan" isn't to buy 100 houses, that's the really the result of your plan for investing, so it's not the number of dea...
Ryan Mulson
Should you split wholesaling and flipping into two different LLCs
Hi everyone,So I am looking at getting into direct mail to generate leads for our flipping business and since the general consensus is you need to be consistently mailing in order to keep the deals flowing, I figured ...
Dave Luu
Rental Property tax (F1040 Schedule E and F8582)
Dear All,
I have a question on my two rental properties:
One property has a profit this year ($2k profit, but carry over loss is $30K); The other property is a loss ($4k loss, carry over loss is roughly $25K).
Lo...
Roberto Torres
My first investment: Large single-family with pool to house hack
Investment Info:
Single-family residence buy & hold investment in Santurce.
Purchase price: $132,000
Cash invested: $14,000
First investment bought in San Juan, Puerto Rico with FHA 203k loan. Li...
AJ Satcher
Operating Real Estate Business Under An Existing LLC for Another Business
I've been operating a Turo biz under an LLC for the last 2 years and have recently decided to cease operations (For those not familiar with Turo, think of it as the Airbnb of car rentals).I was wondering if it is poss...
Michael Hyun
Where to buy buildings with high building value?
I'm looking specifically for a property that has high building value, so that I can claim a lot of bonus depreciation this year and generate a large paper loss in my rental property business this year.My wife is a Rea...
Michael S.
Military, have partner, seek advice on corporate structure
Title change because the old one sounded like I was soliciting. Mods: can you please delete old post?
Hi folks,
I am active duty military, and I currently have 2 rentals and the house I live in. I woul...
Mark Stone
RE tax questions from a noob
Ok I have a few questions in regards to my taxes and am hoping someone could help answer them or point me in the right direction! Thanks in advance for any insight!Due to my income falling between the $100-$150k, I am...
Chris Clothier
Passive Investors and Turnkey Investing Due Diligence
There is a difference and a different approach that passive and active investors should take when performing due diligence. After 23 years buying and selling real estate, 18 years owning and operating a passive, turn...
Will Walker
My wife told me to quit my W2
1. Quit and put 40h/wk into wholesaling = uncapped potential/risky/unlendable
or
2. Grind out the W2 with security and lendability = drains my soulSKIP THE FIRST PARAGRAPH IF YOU'RE ON A TIME CRUNCH.3 SFRs, self ...