Charles H.
How to do tax return on 25/75 partnership
Hello,I am purchasing a rental where I put 25% of the money and my mother put the 75%.There is no LLC, etc. The county registers the equity percentage.I was thinking about doing a K1 but it seems to be for legal struc...
Allen L.
How much do you pay for each Schedule E?
The title says it. How much do you pay for each schedule E? I guess I never cared about this previously but in 2021 I purchased over a dozen properties, and the cost starts to add up as my accountant charges per sched...
Bobbi Casalino
Recommendations for financial planner
Hi. Does anyone have a FP that knows the laws, loopholes and how to apply them or better yet, advise you based on present and intended situations? I'm looking for a Mark J. Kohler (KKOS) or Clint Coons (Anderson Advis...
Jeff Denney
Anyone ever equity share a home needing repairs?
I run into this scenario quite often: I can either buy a home or I get an existing home back from a renter that needs mostly minor (but expensive) repairs or updates, such as new carpet or paint. As you know that can ...
Andri Artayudianto
Fort Wayne, IN: Licenses or Tax ID?
Hi, BP. What licenses do I need to have to operate a rental property in Fort Wayne, IN? Do I have to apply for a tax ID? Register the property?In short, Is there something I have to apply with the city after I purchas...
Jimmy NA
Lease-Option, Primer
I would like to learn about offering leases with an option to purchase to tenants. Specifically, how to structure these agreements. How long is the lease? Should the owner require a non-refundable down-payment? How mu...
Jeff Denney
Question: How do I lease option a home needing repairs?
I run into this scenario quite often: I can either buy a home or I get an existing home back from a renter that needs mostly minor (but expensive) repairs or updates, such as new carpet or paint. As you know that can ...
Isaac Lane
Partnership Vs Joint Venture Vs LLC
I currently have 4 doors and working on scaling my portfolio. I'm noticing that it's taking me longer than I would like to save up capital for my next down payment and decided that partnering on deals would help me sc...
Parker Robertson
Rent to Retirement Academy Experience
Rent to Retirment (RTR) has very recently announced the RTR academy that investors can join for a one time payment to learn everything about investing. Additionally, the majority of the price is refunded if you invest...
Duncan Banks
Possible First Investment
This weekend I went and saw a multi family property (2 units) in Wareham MA listed for 182,500. Pre inspection the place looks pretty great. Certainly needs some work but for what the price is it could be a great...