Sean Imfeld
Ways to Unequally Split Profits?
So here's the deal: My mother (the money) and I would like to buy some properties together, with any rent profits distributed unequally to us both (let's say 90/10 in favor of my mother), with the understanding that ...
Reya Ripet
Pulling equity from a mortgage free rental
Hi all !I own two rentals mortgage free. I am unemployed other than my rental income.If I walk into my local bank , how would I proceed with this? I would like to pull out the equity value from one of my rentals. Ho...
Andreas Mathews
How Can I Gain Property Management Experience
Good Morning,
I am a former Claims Specialist with the Social Security Administration and currently unemployed homeowner who is looking for guidance on how to gain property management experience here in the Central Co...
William Byers
Millennials don't trust ads, real estate or Social Security
Take heed investors - "the majority of millennials (59 percent) would rather rent a house than purchase one." according to the recent article below...and there are 80 million of them.http://www.msn.com/en-us/money/oth...
Ray Slack
Advantages of being a "real estate Professional" for tax purposes Vs disadvantages
So, I keep hearing about it being great to be classified as a "real estate Professional" for tax purposes. It seems the only benifit is to be able to deduct passive rental losses from ordinary income.. Since I have no...
Steve S.
How can I use my 401k to buy rental properties?
Are there other options besides taking a loan from my 401k? I can loan myself a max of $50,000. While that will help, I may need more and I have a pile of cash sitting there that I'd like to diversify away from stock...
Wayne King
Lead Mining Pros (do they produce results)
Hi, has anyone used lead mining pros? Either for SMS texting or cold calling. If so, would you recommend the company?
Alan E.
Would you put off retirement saving to buy real estate?
Im finding myself faced with the decision to reduce 401k deposits in favor of putting aside money for a down payment on a primary residence so i can get a house faster. I currently live in an apartment.What are your t...
Shane Edwards
Creative Financing for Self-Directed IRA
Hello,I have heard of several ways to use my personal 401(k) for creative financing. I'm thinking of transferring my previous employer 401(k)(quit my W2 job last month) to a Self Directed IRA to use these funds to Fix...
Gabrielle T.
Active income LLC tied to a Solo K also used for passive income
Hi everyone, there's something I'm still confused about after talking to different people and reading through BP posts. I have a Solo K tied to an LLC, taxed as an S-Corp, that I set up for active income purpose - mea...