I'm learning everything I can about the Opportunity Zone program introduced in the Tax Cuts and Jobs Act and thought I would share what I've been learning, the links I'm using on a daily basis, forum posts that have b...
2020 will forever be marked as a “watershed” moment for many millennials. From the rise in e-commerce to work from home, the pandemic accelerated our lives by decades. Millennials, which constitute the largest segmen...
People InvolvedThe friend (Alfonso) is a born-and-raised Canadian citizen and resides there 100% of the year. I'm an American (Minneapolis, Minnesota MN)The Intended DealAlfonso and I want to JV (Joint venture) a hous...
A little background on me, I have been constantly learning and trying to improve myself for about the last year towards real estate. My ultimate goal is to be a landlord and maybe the occasional house flip. Currently ...
Hi, since I live in California, an LLC is not a viable option for me for my out of state rentals (9 of them, mostly B/C). They are all managed by a property manager. It bothers me however that for my tenants it is so...
I’ve seen parts of this question answered, in previous threads, but looking for a more comprehensive answer/advice.Quick background, I currently work a W2 job, have my real estate license and practice general brokerag...
Hey all! I'm wanting to get into multi families but I need some capital to do that. My thought is to do flips to fund multi families in the future.Do you guys suggest an LLC or a S Corp for house flipping? Should I se...
Fellow BP expertsWould my LLC which has buy and hold rental income only at this point, qualify me for a Solo 401K, if I have the LLC pay me as the Property Manager?Would that self employment income be enough to make t...
Hi,
First time post here.
I am interested in buying a condo rental property in the Boston area. Mo
st buildings have low owner occupancy so I wouldn't qualify for a traditional loan.
I have another rental condo th...
I've been practically day trading in my 401K to reduce the losses from this mess, moving funds back and forth between stable value to stocks a few times a week. So far it has been working very well but one of my trade...