Hi Guys,
I am new to this group. I have a couple rental properties and I was advised by my cpa to retitle them in my S-corp. He also wants my to have my rent paid to the S-Corp and start paying all of the bills for...
Hi All:
I'm working a short sale where the seller has submitted to us all of her docs needed to initiate the short sale EXCEPT her 2011 tax return. And the preparers of her return have not returned her calls....
All I here about is how great HELOC is- How about the downsides: 1) variable rate 2) risk your home if used 3) tax deductible only if used on the same dwelling
A seller named Al provided 80% financing on a commercial property he sold in 2008. The owner (Josh) is now selling the property and Al's loan will be paid off. Can anyone advise if there is a way to further defer the ...
I'm working on syndicating a deal and I have a number of investors who have an interest in committing some funds with me to make this deal work. My thought process is to set up an LLC where each investor has a % owner...
I have been playing around with different filters the last few days. I run my search and then for the fun of it, I start checking these properties to see if they are currently listed in MLS. Every time I start check...
Hey!New to biggerpockets and looking into purchasing my first rental investment property. Curious what tools people use to manage multiple properties. Specifically:- Do you have a separate checking account for your in...
I am a licensed minister working for a non-profit ministry. I have the optIon of opting out of FICA tax. As of right now I am paying It setting aside $750/month. I was wondering If I should stop paying that tax and pu...
I plan on using my Roth IRA to purchase my first rental property. I keep hearing both ends of the stick, good idea and not a good idea. Anyone knows if this is a good idea or not and what are the pros and cons?
Hi, Are there any negatives to using my capital in securing a secured LOC for the down payment as opposed to dropping all i've got to closing on a deal? Secured rates are 3.25, cash flow will cover the LOC payment and...