Doug Poirier
Is this the future of flipping houses?
Hey all, wanted to share with you my house flipping strategy. I'm confident that this strategy is the future of flipping real estate. Buying houses to flip is costly and time consuming. Why buy when you can flip witho...
Account Closed
Strip malls and franchising
Out net worth is $750,000 with all of it in securities. My wife wants to open a franchise with Platos closet and Once upon a child, both are owned by the same corp.The location is near a mall and all of the current st...
John Blanton
Cost Segregation Worth It For Long Term Hold (Legacy Hold)?
If you are planning on holding a property for a long time (multiple refi's, legacy hold, etc) Is it still worth it to get cost seg done on the property?If the business plan is to hold the property over 10 yearsIs it m...
Abraham Kaplan
Investing in Ice Machines
Does anyone have experience in owning ice machines. I'm talking about something from Twice the Ice, Watermill Express or something similar. It seems like a good opportunity. The initial cost seem low compared to other...
Siddiq Mumin
JuLooking for a seasoned REI CPA
I acquired a couple of rentals and have a Retail business. Pretty simple. I'd like to have a CPA in Los Angeles county that is familiar with real estate investing (and all the tax deductions and benefits that come wi...
Andrew Thomas Vedder
Depreciating a vehicle used for real estate
I am a real estate agent that also has a W2 job. This year I closed on my primary residence where I acted as my own agent and earned a commission so I will have a 1099 from my brokerage at the end of the year. I am ge...
Mahonri Bussey
LLC in Nevada
I am about to start my real estate investing career and I want to start things out on the right foot. I currently reside in utah but I have been looking in to LLC's, particularly those of Nevada. It looks as though N...
Parthenia Holly
Buy house with cash and sell it to my business with a loan?
Hello all,I have 3 STR’s ready and a business. I am looking at a foreclosure. Is it possible to personally buy it with cash and sell it to my business with a loan? Is it a waste of closing costs, etc to do this? I jus...
Esther Rivera
What to do with a Silent Partner
Hello, I currently own a well established restaurant and would like to open a second location. I want to buy the next location so that I could grow my business plus begin to invest in real estate. I currently do not h...
John S.
Creative way to write off travel expense?
I live in the DC area and am a landlord, but went to LA to see if there were good property deals. I didn't find any good ones, but because of the trip, I've decided to buy something near the DC area. Can I write-off t...