Jim Workman
1031 fund like Hughes Capital
According to Greg Hughes, Hughes Capital buys and manages low-end rentals. Investors receive a % of total profits. You can buy some of their houses to satisfy your 1031 requirements but still receive the aggregate %...
Alan Faitel
LLC questions back accounts
my wife has a single-member LLC, and I have a single-member LLC.Once in awhile, one or the other LLCs needs cash, Can one company write the other one a check? Or we have have to use are personal accounts to move the ...
Dave Versch
Ramifications of investing with a partner?
I'm considering investing with a partner. Here's the plan:Since we each own our own single proprietor LLC (let's call them LLCDave and LLCJoe), we are planning on creating a new LLC (123 Main LLC) for the purchase of...
Eddie Mendoza
401k or Roth IRA, for new job and future investing?
I start my new job on Monday, and I'm trying to decide if I should open a 401k or a Roth IRA. I plan to use the account to help finance my real estate adventure. I plan to start investing in one year. I know the taxes...
Michael Plaks
End-of-Year tax planning: Roth conversion 101
I just finished EOY tax planning sessions with my clients, and Roth conversion was one of the topics. It reminded me how confused most investors are about Roth and prompted me to write this long post. Since Roth-relat...
Matthew Russell
Upfront Rent Payment
Hi All!I own a SFH rental in the Charlotte, NC area and I am currently working with an applicant interested in my rental. For some background I have already received a rental application and performed my due diligence...
Tony Nguyen
How Much Real Estate VS Stock Do You Own?
Hello all,Right now, I currently have all real estate assets and no money in stocks. I met with a financial advisor yesterday, who is a trusted friend-of-a-friend, and suggests I put a chunk of money into tax savings ...
Justin Young
Use TSP for first home, any penalty to rent after one year?
Currently, my wife, our 3 children and I live with her parents. We sat down with our RE agent for the first time yesterday to discuss our goals with REI. Our plan is to finance our first home with at least a 20% DP, f...
Dean Suzuki
Where do folks put their emergency cash reserves?
Hi,
I have been reading the posts and have set aside money for an emergency funds for our rental properties. The funds are currently sitting in a bank savings account earning close to 0.01% interest. I am w...
Jhoana Olarte
HOUSTON HOUSING FEELS COVID-19'S STING IN APRIL
Single-family home sales fell 19.1 percent year-over-year, with 6,199 units sold, ending nine consecutive months of positive sales;The Days on Market (DOM) figure for single-family homes was unchanged at 58 days;Total...