After speaking to CPA's, the tax attorney and real estate attorney it's clear I cannot run a dealer business out of one entitiy and create installment sales in another entity without running into problems with the IRS...
I won an auction on a house and the contract consist of a Quit Claim Deed. I did research at the county clerk office and the property seems to have no liens, but from what I understand, there is not only no warranty ...
Hi friends on BP.Happy New Year-2018I am very interested in buying a multi-family in Jacksonville.I am trying to connect with agents, property managers. Please recommend from your experience who to work with ( or avo...
Ok, so since i have constructed my plan of save 20% down over the next 12 months and then find a property. (Hopefully a duplex). I am seeing properties go on the market and sell very fast. Am I missing out? ! Serious...
Hi folksI'm an investor up in the Washington DC area, where the returns on a holding strategy are small to nonexistent... I was looking at my long term plan the other day (which I drew up in 2013) and realized it is g...
Hello all,my name is Howard Green from Capital Heights,Md..My first post to the group,my goal is to acquire buy and hold properties in Baltimore,Md,as of today i have one Sub 30k property under contract that i hopeful...
Hello everyone, Humberto here I moved to Houston 6 months ago and began working on my field as an IT Consultant, seemed to me be going great but work slowed down so much that it seems I may loose my job, now I always ...
Hey. My name is Charles. I am active duty stationed out in Hawaii. My family and I have been here for 4 years and will be here til at least 2021.
I have wanted to own real estate since I was in my early 20’s. I...
So my 18-year-old nephew is the one that got me into real estate. He's been doing this for about a year and he's already done a few flips and deals (as opposed to me, who's only been doing this for two weeks).
Anyway...
HI BP,I have a 1 year old water heater and have to repair my chimney costs $5,000. I have two options:1. Repair the chimney for $5,000 and keep the existing water heater or 2. Replace the water heater with a tankless ...