We are creating an new multi partner LLC for Flipping business(8 partners total, 2 partners will be active). We are looking at doing 2-3 Flips in first year. Is Flipping considered as active or passive like rental ? a...

My CPA had a letter in my tax prep documents that says that those with W-2 income can't deduct business mileage anymore.This is the first I had heard of this. I don't have W2 income, so I am good but I'm sure there ar...

Hi everyone, I'm in a situation I'm not sure how to handle. If anyone has any insight, any advice would be appreciated.  My renter suddenly needed to move out because of family reasons with 1 week notice and very earl...

I am doing a private unsecured loan of $10K at 11% to a real estate development firm. I have received personal guarantees from the 3 individuals whom make up this firm as well as added on the insurance (except life). ...

Right now when I do lease signings tenants sign and date each page of the property condition report, then I take it home, scan it and email it to them, asking them to reply that they received it. Only flaw is that the...

At closing with wholesaling, do the buyer, seller and me all meet there at a set date and time? and if so my follow up question is what's to stop the seller from when he see's my assignment fee of, lets say 8K, from j...

I have a court date in 2 weeks for my first eviction in 5 years of rental real estate here in Decatur GA.  As the Landlord I want to make sure i have everything needed to win the case and get the non paying - No lease...

Well once again another probate deal closed. What I can say, I love these deals. There's no seller resistance 9 times out of 10 and I get these properties 30-40 cents on the dollar.

If your wholesaling this is def a ...

I am just starting to pursue helping people facing foreclosure (in California) get out from under that "weight". Assuming they are unable to get a modification and unable to make up the missed payments and fines/fees ...

I am a 24 year old father of 2 sons in Dallas TX looking for a career field to began creating some type of foundation for my family through this pandemic. I found this business model and decided I would like to give i...