Michael Outar
Flipping a house with a Self Directed IRA
I am purchasing a SFR with a self-directed IRA along side a non-recourse loan. Much question is this. This home has flipping potential but I will not have enough reserves in the IRA to do all the improvements. Is ther...
Terry Drake
Capital gains TAX and mobile homes
I see that this has been discussed with real estate, but not much discussion about buying and flipping mobile homes and what taxes will apply. I understand the year and a day holding period for real estate, but what ...
Account Closed
$400 fee common for a buyers agent?
I recently decided to educate myself in regards to investing in rental properties. After inquiring about the NOI and a few other details on a 16 unit apartment building in Newport News, I was contacted by an agent who...
Mitch Kronowit
Mixing Passive and non-Passive income?
I already have an e-mail into my attorney/CPA with this question (so don't bother telling me to check with one), but while he's answering the 80 or so e-mails before mine, I thought I'd post this question here to get ...
Brit Foshee
If homes are treated as inventory, is a home purchase deductible
I'm seeing conflicting information online.As a "dealer in real estate", my homes are treated as inventory.Because they are treated as inventory, is the purchase of a home deductible in the taxable year it was purchase...
John M.
LLC or umbrella
I recently purchased a 5 unit apartment bldg. I plan on keeping it indefinitely . Cost to put it into a LLC would be approx. $4k because of transfer tax & LLC fee. Liability is my main concern! Should I just incre...
Charlie Moore
WHAT IS ESCROW? WHY IS IT IMPORTANT???
- In your own words, explain escrow.....- Why is it important, how do i set it up in a bank....-New To investing... THANKS! HELP!!!
Drew Dim
Spec Build - should LLC file under S-corp?
so I've filtered through the archives and didnt see an exact fit to my question so here goes.I have a lot that will have potentially 3 spec homes build on them. The 1st is under way and will be completed Jan/Feb of 20...
Craig Jennings
Florida mobile home investing
I'm exploring purchase of mobile homes in Florida communities as "snow bird" rentals. I realize many communities have deed restrictions on age and renting. I'm curious if anyone has any experience with investments of ...
Ken Rishel
Is Seller Financing Doomed?
Lately we are hearing from a number of operators who are talking about throwing in the towel when it comes to their seller finance operations because of the ever increasing level of government regulations. The interes...