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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...
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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...
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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...
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My tenant of 2 years gave notice to vacate , so I offered her a lease at 900 a month , which is $200 less than her current rent. ( she’s alone now, and I was afraid of a vacancy. ,) but She said no renewal . So i ad...
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Good morning ladies and gentlemen,
Back in early February I put an offer in for a two family. My offer was asking price, but my closing day would've had to be a month longer than usual. Well my offer was rejected. ...
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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 ...
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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...
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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...
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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'...
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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 ...