Lin Qian
Syndication deals from Brad Sumrok group - Do they really know what they are doing?
An investor I know invested in a syndication deal with GPs from Brad Sumrok group. In fact, one of the GPs is a Brad Sumrok coach, and Brad Sumrok was listed as an advisor and mentor for the project in the OM. The apa...
Dave E.
Commercial Banking in Jeopardy ?
I am far from an expert as I don’t currently invest in commercial real estate, but I have to admit that I am getting concerned with the commercial banking side (commercial loans). I hesitate to post this as my experi...
Alan K Auman
First time buy and hold was/is a success
So I'll try to make this quick. I don't have exact numbers because this deal was from last year but I never got around to putting it on here until now as I've just recently really been diving into the forums. I found ...
Jeremy Janszen
Coronavirus/COVID-19 causing non-payment/eviction
How are landlords managing the impact of Coronavirus on a tenant's ability to pay rent? Due to quarantines, social distancing, etc., a lot of businesses, employees, and business owners are likely to have dramatically...
Seolhyun Lee
No CPA has a good answer for my situation. How can I reduce my income tax with real estate investment?
I am in a situation that traditional tax benefit of real estate investment is not applicable.
My wife and I want to buy a primary residence and rental properties within next 3 months and hoping to make this investme...
Rich Riesmeyer
Seller financing and social security benifits...
As I understand it, if you have not reached full retirement age, 66, your social security benefit will be reduced if you exceed a certain earned income. Rental income is considered passive, so that does not redu...
Ryan H.
Single Member LLC: Self Charged Interest to Reduce SE Tax?
Questions: (1) May the owner of a single member LLC loan money to the company and charge the company interest for the loan? (2) If so, is the interest paid by the company a deductible expense to the company reporte...
Shandrea T.
What is considered an actual rent receipt per Purch Agrmt?
Hello!I'm under contract for a home and in the contract we have language "seller to provide monthly rent receipts" since we are planning on inheriting the tenants. The sellers have sent over a copy/paste from Zelle s...
Bradley Pitts
Rental Business: Active vs Passive Income
Hi,I think I understand the difference between active and passive income. Passive income applies to most small landlords/owners as they collect rent from tenants. This also applies to investors who collect interest or...
Peter Schuyler
Paying down Mortgage and the IRS view
I think I know the answer to this, but if I want to reduce my passive income, is paying down the mortgage via extra principal payments reduce my passive taxable income or is it viewed basically as profit? (this is in...