my partner and i have been talking to a cpa and he told us to start up an s-corp to avoid self employment tax which is at about 15% in minnesota. according to him we would 1) incorporate our business 2) file with secr...
I see so many posts on BP and Facebook about people looking for "investor-friendly" agents. I also see many agents raising their hand to help and I question whether they have much experience or knowledge outside of t...
Strategy; Owning a Home Remodeling Company to do your own flips
I am finishing house number 2 for the year but this is my 3rd
house and 4th investment property. I have done most of the work on most of my pro...
I was wondering if anyone had any stats or data on cash offers in the Austin area? My gut feeling is that cash offers would win in multi-offer situations at a much higher rate and could sometimes command a discount to...
I own and operate 7 MHP communities in Florida. I have a elderly MultiFamily property seller that wants to avoid capital gains taxes in his lifetime by implementing this unique deal structure which my CPA said would w...
As a property manager, I am well aware of the challenges that arise from dealing with non-paying holdover tenants. This is a complex situation that demands a sensitive approach, a thorough grasp of legalities, and a s...
As real estate investors we invest in properties, but we do so after choosing where we want those properties to be. I was just asked to list three pros and cons about my market, south city St. Louis, in a message, and...
I am helping my mom to sell her property in East Wenatchee, Washington. My mom has no existing mortgage or any form of lien on this property.We accepted a seller financing offer, and are currently under the closing pr...
Hi everyone. I've been enjoying reading the forum for a week or so and appreciate everone's great help here.
I'm new to investing. I do own my own office building that I bought with seller financing and split into ...
In a nutshell... I purchased a rental property recently and I'm losing money everything month. Not an obscene amount but I would say close to ~$100 a month just due to the market I am currently in (Orange County). Thi...