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Hello!My name is Jack Miller and I have been investing for about a year and a half now. I live in the Oklahoma City area and have 3 units under my belt, all of which have been owner occupied loans. At the rate I’m wan...
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Hello BP.....I am reading a lot about Series LLC and plan to put all my rentals under Series LLC. I talked to my attorney and CPA but they seem to less/not familiar with the concept of Series LLC. I know, it is easy t...
I'm still very new to the idea of real estate investing, so I'm doing plenty of reading. I would really love to be a landlord by house hacking and eventually following the BRRRR strategy to gain more properties. How n...
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Aloha, I'm Chad. I live in Hawaii on the island of Oahu. I currently work for the Four Seasons Oahu at Ko'Olina. I have always been intrigued by real estate, but only recently have I dug into my interest in becoming a...
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As a new investor, I've joined a few free trial sites that list foreclosures and comps in the area. The profit margin for some of these homes based on comps in sq ft, room numbers and location are great for investors ...
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I own an LLC that deals in renting, flipping, and note carrying. I just got my real estate license in Texas and now work under a different brokerage firm. Legally, I understand that I cannot misrepresent my company as...
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Hi guys,1) Do I understand it correctly that if I owned a property for 27.5 years and cant claim depreciation on that property anymore, If I refinance, I can start claiming depreciation again? Or2) If I sell this pro...
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I’m curious how the taxes work for the seller. If they are owner occupiers then they won’t have capital gains anyways. So in that case it is really just the income stream they can maintain.
But, if they are tired lan...
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Hoping to get some advice on the best way to find a mentor for syndication.
Hello to all! Thank you in advance for reviewing my question. My question involves three parts: Capital Gains tax liability, a 1031 exchange, and seller-financing. Here is the scenario:
- Investor purchases a propert...