Hi. I understand with flipping you have to pay ordinary income taxes on the profit.Could anyone explain how taxes would be for a partnership, in which profits would be divided 50-50 in the following scenario: ==one pa...

ANYONE EVER SEEN SUCH A SAVINGS? "Real Estate Commission Rebate Program"Pre-arranged and in place for pre-approved borrower/buyer clientsGood Faith Bid for a Purchase Price of: $500,000Listing Pays: 3%= $15,000 / Reba...

Hi everyone - had a quick question regarding partnership structuring.Including myself, I have 3 partners and we are looking to invest ~$100K.  Finally taking the leap!If we are equally contributing capital, is their a...

Hello BP my name is Gabee. I reside in Henderson, NV. I currently work as a Chargeback Analyst seeking financial freedom. I do not have a backgound in Real Estate, but I am insterested in getting started with wholesal...

Thanks in advance for answering this for me:If we take money from our IRA or SEP to fund an investment property, what kind of tax implications would that have? The IRA is actually a beneficiary IRA and the SEP is pre ...

I am closing tomorrow on a condo property in Chicago. It needs a significant amount of work to rent it out, but mostly just the basic renovations (kitchen, bathroom, flooring, paint). I can do much of this work with m...

I just purchased a 21 unit apartment complex with a lot of problems. I started cleaning it up - 3 unit evicted in the first month and two more in the way - all of them professional tenants. But this month I got a new ...

Hi everyone,First time poster here. I work as an attorney (in a field unrelated to real estate, unfortunately) and plan to purchase property in the coming months with two long-time friends, one who manages his parents...

I looked at a loan request today. I know the area very well in Philadelphia, without seeing anything my first thought was the property was worth 350k or so. The appraisal came in at 640k, the comps they used were out ...

Hello, Ran into an interesting situation tonight and wanted some advice on what to do - I appreciate your time and thoughts in advance. Currently marketing a unit for June 1 that is a one side of a duplex. It's posted...