Hey everyone,I'm wanting to get some flippers perspectives on this scenario. I'm in escrow on a flipped property and found numerous issues that were in result of the workmanship of the hired help. Examples: Electrical...
Dear all,Any of you have done multiple rental properties grouping election as per Regs. Sec. 1.469-9(g)?If so, care to share sample text of the letter you sent to IRS? Or point me to proper resources? I don't believe ...
I am planning on purchasing my first rental property within the next 6-8 months. Right now I am leaning on purchasing in my name without going the LLC route at this time. My question is... since I will incur expenses ...
My wife and I have a member managed LLC for about ten years. We own two rental properties in the name of the LLC and we own 10 more rental properties in our personal names. All of our properties have mortgages on th...
I am in the process of closing on a duplex with both units occupied. I am moving into one unit (currently on a month to month lease) and need to ask the current tenant to move out. Is there a specific way to handle th...
As some of you guys know, I've been doing deals out here in Scottsdale for the last ~13 years. I've done a few dozen flips, a couple spec builds, bought and sold 3 short term rentals, bought and sold 2 long term renta...
Hello real estate peopleI have a situation where this year i have to pay to the IRS on taxes..Situationmy AGI income is 160k....work In IT for a big corporationi have 9 houses, i maxed out the deductions...repairs, su...
I know I am a little late at this but what the heck. I am here to learn from as many wise RE investors as possible is this community. I am here to seek guidance and help if at all possible from many of the boards ve...
I run the Bright Real Estate Minds Collective. I pair novice investors with seasoned investors and educators so that they can start to learn the industry properly.
I am looking at buying a multiunit that has a restaurant space in it, complete with kitchen and license. Does anyone how determine the proper lease rate per square foot.