Marcus Maloney
Out of State Short Sale Deal
BP, I need your feedback; I am in the midst of my first wholesale deal and I need a few questions answered if you can be of assistance.
I am working with a client from the Chicago Area (my previous home locale) we ar...
Mark Voss
SDIRA LLC Investment with a Partner?
Greetings BP, I have a SDIRA LLC, with Midland IRA as custodian, that I created to invest in real estate. I have a lender who is willing to give me a non-recourse loan with a 30% down payment in the Bloomington, IL ma...
Account Closed
Employ Adult son to manage rental property
Hello, I am newbie and need help. I do have 2 rental properties. Can I employ my 18 year old son to manage these properties, pay him (put that in his College fund/IRA) there by reducing my tax liability on the rental ...
Vitaliy Gnezdilov
Why can’t an entity be formed for the sole purpose of buying securities?
Hi, I am looking to invest in a real estate fund syndication and I have received advice to invest through an LLC for a specific tax purpose.However upon research, I am finding that an organization cannot be formed wit...
Michael Snow
Can I get some recommendations on a wholesaling book.
What books would be helpful in understanding how wholesaling works and how one would get started.
Mike Jones
Holding LLC-- Property LLC structure and Financing
I am in the state of MA, and have 3 rent properties in my name and looking to move them into a LLC. Many talk about forming a WY Holding LLC owning a MA property LLC at 100% structure because of anonymity and charging...
Marc Frage
What is your Favorite Lead Type a wholesaler?
We all have a favorite lead type that when it comes to wholesaling!What lead type that you love the most? What is your Favorite Lead Type? That you love to work with! and usually the most profitable for you?
Waqar Yakoob
New Member - Hi All - Quick question
Hi everyone, Thanks for giving me this opportunity to be the member of this community. Given I am new here, first question. I recently bought a rental property in a top area in Charlotte with 20 percent down and 15 ye...
Kiki Helland
SDIRA with LLC vs No LLC /close to retirement
Hello BP community, I hope this is the best discussion on BP to post my questions!I am diversifying my investments using a SDIRA that I intent to transfer my various traditional retirement accounts to. My current pla...
Buddy Holmes
IRS Deduction for Real Estate Investing Expenses
What are the IRS rules on deducting expenses for Real Estate investing efforts?I have several current rentals which are reported on Schedule E.However for "Driving for dollar" expenses, trips to check out DST investme...