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Hey folks! An older friend of mine would like to liquidate his four properties but he would like to avoid paying capital gains tax. I suggested that he and I form a LLC and slowly transfer his properties to our LLC. A...
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Hey guys, I have my first flIp under contract. If I keep my budget in check and I am rIght about the ARV. I stand to make a good profit. Is there anything I can do to now, while waiting to close to prepare for legally...
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Hi guys,I'm brand new to the site, and I'm loving it. I've learned so much in the past month - I've already listened to 80+ episodes of the podcast and spent a ton of time browsing the site - so thank you @Joshua Dor...
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RECPATAXMAN,
If you could go into a little more detail on this S-corp SE savings.
I'm not clear on how the end of year dist. will be excluded of S.E. tax.
I'm currently interviewing Atty's to setup my first LLC an...
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Newbie here!
We have a secondary home we plan to start to use as a STR next summer. The home is currently in our name and we have a conventional mortgage on it.
-For those with a house in your name, do you have ...
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I sold one of my rentals with a mortgage wrap last year. I hold escrow for the buyers. I am certain that I need to provide the owners with an end of year statement showing how much they paid toward the loan amoun...
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Im a newbie in real estate and I focus now on wholesaling. Im still finding my first deal. I want to send letters to my prospect sellers but I want to ask if its okay to send those letters without your return address?...
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Is anyone familiar with DSCR loans?!?!?
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Lease 1 included tenant Person A who paid the deposit and moved in.After 3 years, tenant Person B was found to be in possession of the unit.Lease 2 was written to include tenant Person A (who moved out) and tenant Per...
Hello, I purchased a tax certificate in Baldwin County this past year and I just received a letter from the Revenue Commissioner that a request for redemption has been made and I am to return the tax certificate back ...