What kind of paper work should I bring with me to my first wholesale gig? What should I research before I arrive at the viewing/walk thru? Should I print out some MLS documents or county proof of cash sale records to ...
Hi BP.I'm new with creative Financing. I have newbie question about "Assume Loan" that I need you guys expert opinion on the subject if you guys don't mind. I saw this potential deal so attrative to me:Location: west...
Hello,I am working with a client who has farmland held in an S-Corp (current tax basis is approx. 5% of market value), It seems there is not a way to sell this property without having to pay capital gains, since it is...
Hey everyone!
Little bit about me; my name is Brant Vaught, I am 23 years old, and made the mistake that I am sure many of you made at some point, I read Rich Dad, Poor Dad several years ago and decided that ...
Let me preface this by saying my wife and I are real estate newbies, so this idea might be horrible. That said, it seems to make sense conceptually, so I'd be interested in more experienced opinions.In a nutshell, we'...
Is there a way for a seller and I to set up a land trust to hold the properties I want to purchase from him and he be able to avoid his capital gain tax?
Hi,
I recently purchased a investment property and originally planned to rent out, which is why I used a mortgage instead of cash. If i sell it, I may make about 20k (rate of return is about 75%). And I can...
Hello BP,
I'm a rookie investor looking to work with partners on Rent by the Room strategy. I will be looking for duplexes and SF to do this. I plan on living in the property in one of the rooms to start leasing to...
For as long as I can remember, purchasing property or investing in a multi-family unit has been on my bucket list. I've dedicated a considerable amount of time to reading books, tuning into podcasts, and educating mys...
My LLC is 100% owned by my 401k. So it is a disregarded entity where the tax should flow to my 401k.When I try to open a business account with Fidelity, I filled their form to explain that the owner is my 401k and the...