Looking to possibly set up a C Corp and have our IRA buy shares so that we would have available capital for fix and flip opportunities. Does anyone have this arrangement set up or had in the past that can give me advi...
So I have been looking a wholesale properties to remodel and rent after. I was thinking about different ways to avoid the 6 month period in which one has to own the property for in order to refinance cash out. Here ar...
I am in the process of setting up a new entity in Texas that will replace my old operations entity that I've been using for the last 14 years. I'm engaged to what will be my 2nd wife after a lengthy and somewhat cont...
So I dropped my first batch of yellow letters in the mail yesterday, and just now got 2 calls, almost back to back. The first was clearly not motivated. But the second caller said that she's not interested in selling ...
Hi All,I bought a 3 bed 2 bath condo about 3-4yrs ago. Purchase price was $125K (short-sale). It rents for $1500-1600/month.My tenant will be moving out next month and I can't decide if I should sell or keep it. The m...
Hello, I was referred to a lawyer who had me set up my entities with evident complexity for liability protection, but now my taxes are quite complicated. I hope to remedy the situation however I need a solid opinion ...
Hey everyone, figured this was the best place to post. I'm a tax accountant in Australia with a strong background in property investment here, so pretty knowledgeable of the general gist of property investment and giv...
Hey BP Nation! I'm writing the world's best post on 1031 Exchanges. Maybe I'll put it in my next book. But here's the problem: I need you. You see, I need some good stories to go with the post. So, if you've done a 10...
Looking for some feedback on rent amount. I have a property in Chesapeake VA that I am marketing as a MTR; however, it has been on the market for over a month now with no real bites. I have tried lots of things to hel...
I think I have a simple enough situation that I won't require advice from a asset protection lawyer, I'm hoping some of you are in a similar situation and can pass on what you have done.My wife and I live in Californi...