Investment Info:

Small multi-family (2-4 units) other investment in Westminster.

Purchase price: $5,637

Cash invested: $5,637

Sale price: $6,000

This property is the 2nd of 3 tax liens I purchase...

BP Pros:I have done a ton of research on paying off mortgages early. With interest rates at historic lows and given that early payoff return is equal to the interest payment, I see expansion as a better option. Additi...

Do llc that are elected as s corp still face the 25% passive income?

I am a partner in a three-member LLC that holds a multifamily in Lowell Massachusetts.
Currently, I am providing property management services for the building. The other members are not involved in property manageme...

Say if we had a short term rental in Hawaii and were using a property manager to manage it for us which cost us ~$200/month. And we had to replace a dishwasher for $500 in 2021. Would the $2400 ($200 * 12) + $500 = $2...

Has anyone borrowed from their life insurance policy or used it as collateral to invest? I've had a few people that said this is a great strategy and to make sure I have the policy setup correctly. Working on getting ...

Our 10 unit condo association ownership has recently bee passed on the homeowners and I am one of the trustees. My question is around filing the yearend taxes. So far, the accounting firm had been filing 1120 form, bu...

Quick general question- If my LLC (s-corp) had profits last year from real estate sales, but I did not collect on any of those profits (ie what was earned stayed within the company account) do the LLC members still pa...

Hello,I would like to get opinions from real estate agents or loan officers on which career they feel is best and why. What are some of the pros and cons of each career?Which career provides the best income or earning...

I have a question regarding the address for an LLC my wife and I just launched to serve as the property management company of our current and future homes.We are preparing to rent our current home to our first tenant ...