At Trial, held Sept 2022, it was determined that he was guilty of Tax Evasion
According to the report, for the Tax Years 2014, 2015, 2016 he
Failed to accurately report his income between calendar years 2014...
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Does anyone have an example of the LOI and POF? Does the POF have the exact amount the Investor is willing to pay for?Our position is: My partner and I have looked at the #'s the #'s add up to around the asking price...
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I understand that it's important to hold investment property within an entity such as an LLC. So if I'm just starting out, should my first step be to find a lawyer, form an LLC, then have the LLC buy the property?
Or...
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So we have EVERYTHING ready to go on this 4-plex fixer upper I'm buying in Pasadena (yes, the one with the large lady). I can't tell you how many hoops I've jumped through to get to this point (a different story for ...
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Good Afternoon everyone ,I need some advice on a HEOC please I currently have a HELOC , of which half of it has been used ( $10,000 ) I am going to be able to " Pay back " that $10,000 and thus have None of the HELO...
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My husband and I just closed on our first rental property last month. We are wondering from a financial standpoint, should we open a business bank account or just a superare personal bank account to keep all finances...
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We just got our next personal home under contract, due to close Oct 2nd. Just before the Oct 3rd changes take effect!It's been a long time since I've shopped mortgages since I've paid cash for my investments. Can a...
I'm in a little bit of a pickle at the moment.I bought a property for cash ($10,000). 2br/1b in Reading Pa. Needed 8-10k of work. ARV 30-35k. I figured I could take a line of credit out on the equity once I bought it,...
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Hi Folks,I'm preparing to launch into some real estate investing, specifically flipping and BRRR to start. I'm looking for good banks in the Philadelphia area (can be national banks) that support small businesses and...
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I sold a rental property that was owned by my solo 401k and deposited the proceeds right back into my solo 401k. My bank gave me a 1099 on the sale. What do I do with this? Do I have to pay taxes on the proceeds? My...