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Hello,
I am totally new to RI. I set up my S corp less than two years ago, hence, only one year worth of corporate tax return is available. Prior to incorporating, I was on 1099 for about 2-3 years. My income increas...
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Hi BP experts,Everybody knows the advantages of self-directed IRA's as opposed to the ones we get from Fidelity/JP Morgan Chase/Merrill Lynch etc. Ability to control our own destiny with our own investments, etc. etc....
I thought I would ask from the perspective of the syndicator, what metrics are you looking to hit? I am familiar that there can be different structures , ( i.e. acquisition fee, mgmt fee, disp fee, pref returned , va...
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I am a Michigan landlord, and I finally had to go forward with an eviction. We attached the Notice of Eviction to the rental property door and mailed a copy of it to the tenant. After the prescribed 7 days we receiv...
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Currently have a Wisconsin LLC with 3 MF properties, we are currently selling 1 (but likely all 3) with plans to move the funds to invest in the South. Our CPA advised that it would be best to create a 2nd/new LLC in...
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I currently have my Business under lease for the portion of the house that I use and my baswnt rented out. With both incomes the mortgage on my primary residence is covered and I have a positive cashflow.
My questi...
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Hi BP.! I am trying to narrow down the strategy I'd like to used to get started. As I look at properties around me, I am stuck between (1) entering REI with a flip to gain more investing captial and (2) acquiring a pr...
Want to begin flipping houses in 2024? With this popular investing strategy, you could build a lucrative and flexible real estate business. All any rookie needs to get started is a few skills and a little know-how, an...
Harnessing the power of data gives you an enormous advantage in your real estate investing journey, allowing you to discover up-and-coming markets or find deals that are flying under the radar. While crunching the num...
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My business partner and I received a bill for $3,000 through our CPA for filing k-1s on three properties in 2019. I wanted to get a second opinion on the bill before using them again on our 2020 returns. Does this amo...