A friend and I are both starting our own painting contracting companies, and something we were both thinking about doing with our profits, if we are good enough to make high profits, is invest in real estate. But we'r...
I have a potential tenant but I am having trouble verifying employment. She said she was displaced because of the hurricane in North Carolina. Her job transferred her up here to Connecticut. I did speak with someo...
Current renters are going through a rough patch. It's two adult sons living with older mom. Mom just had another surgery on her ankle so she is limited. Both sons work (they both had decent jobs, came with great recom...
Hello, I am interested in my finding my first multi-family deal upon the last year and half of research, I have recently kicked it into second gear and on course to obtain my first MF. I work full time, my company has...
So today I stumble upon something new that you the reader of this post probably learned years ago. I burn some time on YouTube watching videos on paying less taxes.One popular real estate youtuber grant Cardone says d...
Hello,
Seeking opinions/insight into "loaning" from one of my corporations to another from a tax perspective:
Quick Background:
I have a C-corp for software development business. I have an LLC for my real estate bus...
Hello BP Community. I’m kind of in a weird scenario here and I’m looking for a little direction.
Six months ago my wife kids and I moved out of our owner occupied duplex and purchased our second property single fa...
For a newbie starting out, what you recommend first? Wholesaling or House Hacking, and why?
I have a leveraged property in my SDIRA (at equity trust), a note and some cash. My questions are:1. For Equity trust, I need to send a deposit coupon every month with the rental check. Is there any way around it? I a...
Hello! I am curious to know. I have purchased 2 properties via house " hacking ". I purchase, do a light rehab and then rent it out after a year or 2 so I'm slowly scaling. I started an LLC about a year ago because I ...