James Post
The NYC Market can't handle BP plans
Hey All,
Newbie here. I have reading a bunch of strategies and plans from all you fine intelligent investors. It seems to me, that no one is really located/investing in the NYC Market. The prices, plans, & scenar...
John Brennan
self directed IRA doing self storage
So I'm interested in getting started in purchasing and running self storage facilities and want to learn more. At the same time, I have decent money in my IRA invested in mutual funds. I'm thinking of converting so...
Gunnar F.
Windfall coming... tax plays available?
I am anticipating a meaningful profit on a residential rental property sale in a year or so (the sale is contingent on certain zoning changes the buyer should be able to achieve). I purchased the property in 2002.- I ...
Sarp Ka
Property taxes too high - is cashflow possible for SFH rentals?
I've been checking Miami, Fort Lauderdale area. I've realized the tax millage for properties are 19 to 22. Which means for properties that are worth $500k you'd be paying $10k property tax!I find this way too high. I ...
Robert Fernandez
Tax Strategy, Construction LLC?
I'm a newbie investor in the Baltimore market, and am fairly hands on rehabs and construction process. I plan to act as the General Contractor, sub-contract some rehab work and take on some myself to keep my rehab co...
Derek Bennetsen
Solo 401k -> LLC -> UBTI
New to the website. Great forum!I have a Solo401k Trust and am in the process of creating an LLC that is owned and operated by the Solo401k Trust. The LLC will be used to purchase real estate with funds from the Sol...
Karen M.
Deductible expenses?
OK, this feels like a stupid question, but....
--do you run your rental investments as a business, and...
--therefore, do you deduct all your business expenses, such as your REIA membership, miles driving around ...
AJ Smith
Solo 401k Eligibility
I have done some searching on solo 401k eligibility, I have a couple main questions. For context, i own several small multifamily units that i self manage without employees and am interested in tapping into the tax in...
Brandon Gadish
Dealing with Excise Tax
In a handful of states including Washington there is a tax that must be paid for the privilege of selling a real property. In Washington State the tax is 1.78% of the sale price.
I have done many sandwich lease de...
Edita D.
tenant screening: unqualified tenant?
Hey guys,
our 2br house has been on the market for 45 days, and after we lowered the price to 695$ we received an application. I am concerned about these prospective tenants, since in their history there is:
-bankrupt...