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Very specific situation I've got here that I haven't been able to find good information online that fits this unique criteria.I have a friend that has a property that they own free and clear of mortgage, yet they are ...
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For flippers in here do you buy using an LLC or an S-Corp? Which is better for tax purposes? I’ve heard you should do flips under an S-Corp and buy and holds under an LLC. Just wanted to get some opinions and why you ...
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Hi All- My name is Shawn
I am getting started. I am at the point of needing to choose the market I will invest in. My goal is to buy and hold duplexes and 4-plexes for cash flow. I live in Walla Walla WA. ...
My husband and I are somewhat new to REI and would love some additional opinions. We have a goal to reach 10 homes free and clear in the next 10-15 years. This year we purchased our first two - close to turn key - pro...
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Hello,
I sold my condo last week. I lived in that condo from 2012-2017. So I satisfy the “2 out of 5 years” rule that allows the home sales profit from capital gains tax exclusion.
I was wondering what documents do ...
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Hello everyone! My name is Fade Aromolaran and I'm interested in Wholesaling and I am currently working on my first deal. I thought I understood the MAO concept but the scenario I'm in right now has me questioning the...
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Hello all. My husband and I are looking to rehab and flip 2 houses a year in 2016 and 2017. We will be living in them during this period in order to build up capital faster. My question is; How does living in the flip...
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Hi everyone,Sorry if the answer is obvious, but I looked around everywhere and I can't seem to find the answer anywhere. I currently went under contract for my first house and I will be using the first time home buye...
Hello,
I am new, well I have bought several properties over the years but am about to launch into pre foreclosures with the hope of eventually being a full time investor o single family houses, to wholesale at first a...
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What type of entity would you recommend holding your properties in? LLC, partnership, other? I’ll be investing in single family homes and smaller multi family homes. This will be in Oklahoma. Thanks