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Back in November (2014) I closed on my first REI property. A 'turnkey' duplex in Chicago. I went with a well-known turnkey provider and posted initial updates in this thread:http://www.biggerpockets.com/forums/92/to...
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Hi to all investors out there, hope you have any advise or resource to help me out.About 3 weeks ago I paid about $41,000 to a real estate investing company. After I have paid, their attitude and responsibility promis...
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I'm looking to form a networking group of people who specialize in under 30k properties for cash flow. I propose we share ideas to help each other maximize our success!
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I am working with few owners who have owned their multi-units for the last 30 years. They want to retire now by disposing off their properties. One of their concern is capital gain tax that they incur due to the sale....
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Hello everyone,Looking to learn a little bit more about 1031 exchanges and and 1034..First off, can both of these tax exemption strategies be utilized in tandem? Secondly, does the QI pay your taxes on the house? or d...
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We are currently in the middle of a scam by erentpayment.com. They have taken money deposited by our tenants and have refused to pay us. They have been very limiting with information and turned their phones off and ...
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Hey all, I am relatively new to the group. I am very impressed with the experienced professionals here and am glad that I stumbled upon this site. I am a seasoned real estate attorney and enjoy not only practicing la...
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What are you doing or seeing that effectively addresses racial disparity in home ownership/ lending/ generational wealth?Hopefully this is a fairly straightforward question about a heavy and complex topic! It's well ...
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Here is the issue, Picked a tenant to move in over the weekend. She was very desperate to move in because her previous residence had some sewer issues and had to live with her son in law. Tenant also said she has some...
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I purchased a property @ $210,000 and after it's said and done, could probably sell for just under $400K w/$25K in fix up costs. The problem is, if it is sold in less than a year, I get hit hard with taxes. I know i...