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Results (10000)
Mary Karlecci waited TOO LONG for my LLC Bank Account
27 October 2015 | 8 replies

My LLC "formation date" is September 29th. Today is 3 weeks later and nothing's done yet! Today is October 19th, and1.) my attorney still has NOT finished drafting "Operating Agreement."2.) I still have no LLC bank ac...

Ramin M. After I sell my home where should I store my money until I invest?
16 April 2023 | 13 replies

Hey y’all so my wife and I are starting our investing journey in the next few months. We are selling our home in sd  august and relocating to boston. I currently I have a joint savings account with discover that’s 3.6...

Brenda Lee Rental Property Depreciation Expense
25 March 2022 | 5 replies

My business partner and I bought a rental property and split everything 50/50.  She is using a tax accountant to file her taxes and I am using Turbo tax and I noticed there are differences with the way we are filing f...

Daniel Colon Lender won't let me move the property to my LLC
19 June 2024 | 32 replies

Hi!I just bought my 1st investment property, a brand new home with DR Horton, and used DHI (DR horton lender) for the mortgage, they told me they were going to sell the mortgage and I should wait for that before movin...

Charles Osugo What account do you use for savings?
9 June 2020 | 7 replies

So far the best rate I've seen for saving accounts is from Varo bank, they give 2.48% if you jump relatively simple hoops (5 debit transactions/month, 300 a month in direct deposits). Do any of you know a higher APY s...

Account Closed HUD Houses
17 January 2014 | 15 replies

I keep hearing that you can purchase real estate with no money down. For someone who has NO MONEY, how can you purchase a HUD when from my understanding most hard money/private lenders will not loan to individuals...

Orion McCabe-Gould Capital Gains Question
22 November 2017 | 5 replies

Might be a simple question but if a rental is sold from an LLC what amount is used to calculate capital gains tax. The sale price or the net amount after commissions, loans, etc. are paid off?

Victoria Hartcorn Cap Gains on Primary turned Rental - am I wrong?
24 July 2020 | 9 replies

Thanks in advance for reading. We are selling our condo and our accountant insists that we are not exempt from capital gains.
We purchased in March 2016 and lived in it 3.5 years until it was rented out for only 18 m...

Lee Ancona Where to put my money NOW
24 March 2020 | 9 replies

I am in the beginning phases of putting together an investment team specifically targeting multifamily properties. I have a few questions regarding money and recommendations of putting it moving forward. I normally co...

Account Closed Tenants in Common - Will I Incur Capital Gain Taxes?
11 October 2016 | 15 replies

All:

Can anyone please let me know whether or not I will personally incur capital gain taxes when my tenants in common partner sells his 50% interest of two properties we co-own? I was thinking I should not incur any...