Bernard Chouinard
Is this worth it? 3 Unit Muli plus Bar
Wow - where do I start. Talking to a 68 yr old owner of a 3 unit (3br, 3br, 2br) unit plus bar. Rents are $2775 - This is under market but this is what he is getting today. The bar he runs and pulls in roughly $4...
Kristen Watts
Will tax deductions negatively affect income for loans?
Hello all! Question for you: my accountant says I'm entitled to about $7,000 back on my tax return based on depreciation, expenses, etc. on my three properties (one my own home purchased in 2011 and the other two r...
Derek Smith
Meal expense question
My business partners and I typically meet out somewhere when discussing shop to take advantage of our business expenses. However, I was curious with Memorial Day weekend approaching am I able to hold our meeting at...
Ryan Antista
Fourplex listed as duplex with the county
BP’ers,I’m putting together a counter-offer on what could be my first rental property and I’m very excited.It's a fourplex but while trying to confirm the property tax amount (current and post purchase) I discovered t...
Josh Carter
Best Self Directed IRA?
Any recommendations? Currently talking to a company called Equity Trust whose fee is a little above 1%, does anyone know of a self directed ROTH IRA that can do better?
Chad Bilstein
What would you do? Any advice?
so I have this deal, it looks great. commercial Property in Denver. it is a warehouse with an existing tenant. the business is a legal grow oporation. the asking price is 1,025,000. the monthly lease is $12,000. ...
Adam Amero
1st offer help
I got my first call back from direct mail. I'm hoping to wholesale this property to one of our few cash buyers(flippers). I want to make sure I am not forgetting anything important in my calculations. I currently have...
Jaime Morales
Self Directed 401k spending
I'm starting my venture into real estate investing. I'm about to open a self directed 401lk. I'm aware of the rules regarding only using this account for all things related to the investment property. Does this appl...
Nicholas Balcom
Driving For Dollars?
When driving for dollars what is the best way to find the value of a property before going in or talking to the owner? City Hall? a certain website? Also is it best to first get a List of properties I would like to li...
Donald F.
Single vs Multi Member LLC in Georgia
Hi, my understanding is that from a legal standpoint, lawyers will usually want your entity to be multi-member for better legal protection.However, from a tax standpoint, you will have no benefit from multi member LLC...