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Hello everyone, first time posting here. I will liquify some real estate investments i have abroad and i am expecting around 1,5 million dollars to be on my hands. I want to make an investment that is as safe as possi...
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Hello I am new to wholesaling and I have been using Zillow to find properties that are distressed. I then run all the associated numbers; ARV(using MLS comps), repair estimates, closing ,title and commission costs. I ...
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To my seasoned investors, do you recommend setting up an LLC or some type of corporate entity? The plans are to acquire rental properties, but with the income generated would it be better to have a business overseeing...
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I did some very informative reading of the archives trying to find an answer to this, but up to now have not found anything that answers this . I'directlym almost 47 and getting tired of the rat race. I want to keep...
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My Dad is 75. He lives in a home with a reverse mortgage. His home is valued at $300,000 and the payout on the reverse mortgage is $120,000. I would like to pull some of the equity, give him some money, make some upd...
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I want to be a landlord,but with all the problems today such as getting sued by tenants,enviromental issues,and the list goes on.How do wealthy landlords protect their investments,and keep wealth,and from such problem...
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Hello, i am venturing into the flipping side of realestate and have already submitted offers to buy couple single family homes to rehab. I don't plan on flipping to be a full time job but anticipate doing 2-3 flips a ...
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In another thread, @Chris Seveny and @Tracy Z. Rewey mentioned that investing for passive income in notes (performing notes/monthly cash flow) isn't great from a tax perspective, and you should use that in a tax defer...
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Hello, I am wondering how many of you save on taxes. I met with a accountant and he is saying over 250k a year is at a income bracket of around 33% plus there is state tax and social security, etc. Sound like a lot ...
I just recalled that when in NYC i needed(?) to use an attorney to close on my long-term multifam flip (usually at 2 yrs owned/lived in) and usually the first words out of lawyers mouth was 'why don't u do a 1031 even...