Hello all, I know in my own research that subject to is legit strategy. I have seen the pros and cons of it throughout my own research. I have found that there is always missing pieces to the puzzle and not everything...
If I purchase a 5 unit commercial property with cash and I then take a home equity line of credit against it, are interest rates on that money normal HELC rates? Is that one way I can a solid paying a 7-8% commercial ...
So I found an apartment complex in Baton Rouge la. 4 units, ROI is 12%. But the realtor is telling me this:
“Also, I forgot to mention that if you will be required to pay one time fees for title transfers this fee wi...
I am selling my house. I have a buyer interested and we are negotiating. I sent a counter offer asking for $5K more on the list price. I received a counter offer from the buyer who ask me to reduce the selling price a...
Two years ago I had to replace the HVAC, and got bid from Company A that was business partner of my PMC. But I end up using HVAC quotes from totally different company.Fast forward today, that HVAC Company A submit a b...
Goal 1: Pay off mortgage on the home you live in. (With no plans to borrow against it in the future.)Goal 2: Begin, grow and accelerate real estate investments using leverage. (The monthly cash that previously was pay...
Hello, I am trying to make sure I have this correct. We are planning on talking with an intermediary next week but I'd love to pick your brain. Newbie to the 1031 world.
Current property purchased: 400k, 300k mortga...
Hi everyone! I have an LLC and a friend of mine has an LLC. We formed a holding company where both of our LLCs are members. Are we able to transfer our funds to each other's LLC without worrying about taxes since they...
Since it's so hard to collect from tenants who owe, or in some cases not really worth trying to collect, I would like to know more on being able to use the 1099-C "cancellation of debt" form. All responses appreciated
So, with China starting enforcement of their 1993 tax code, which requires Chines citizens to pay taxes on any overseas income and declare overseas investment, I wonder what the effect will be on the Westcoast housing...