I currently have a large ~3 acre waterfront lot that has a 2 unit home (with separate utilities on it), being used as an Airbnb. The area it is in has an opportunity to have strong cash flow on long term rental with ...
Any comments:
An real estate attorney wants to sell me on several land trusts which will hold long term holdings in an LLC. This strategy is to be used for estate planning, privacy, lawsuit protection and eas...
I am looking at property management contracts and was wondering if $40 per hour is reasonable for time spent in legal matters such as evictions?
Thank you.
I am about to establish my LLC for my real estate holding company. I had a potential investor ask me if the LLC could serve as a 1031 exchange as he was about to sell a property but doesn't have another property lined...
I have been an landlord for 6 years and own 6 properties. All of my tenants are long term tenants and my property is managed by a property management company. So all the rental income is passive for tax purposes. I al...
Hello all,
So I was just thinking today that when does someone you guys call a newbie stops being a newbie and matures to the next level? How many deals or how many months of experience should a newbie have before th...
I’m trying to gain knowledge about real estate investing. Can someone give some insight about how to do a 1031 exchange and when is the best time to do it?!
@Julie Dib asked me on another thread:
"my father in law just sold a rental in Cali he’ll have about $300k in capital gains, if he were to 1031 exchange that money into a new rental property and plan to eventually li...
Thinking about listing my in-home apartment on airbnb and learned that airbnb income can be considered "active", not "passive" in the eyes of the IRS and results in the owner having to pay SE taxes on top of income ta...
Calling out to all Buy and Holders. I need some expert advise as to whether I should sell my property or rent it out. Let me lay out the scenario... I bought a home about a year ago for $140k with every intention to...