For the first time I am leasing a property I own to a business who is looking to lease our property and then turn around and do short term rentals with it. The municipality allows it but I am looking for additional te...
I am considering venturing into the STR market chasing higher returns (gotta be honest!) after liquidating my long term rentals. My first "trial" STR would be my primary residence on days when I'm not home, which is a...
Will sell with a profit of $200K under wife and husband names.
1) $200K at about $3k tax.. not too bad... shall better to do 1031 or just pay tax?
2) How much is the fee for doing 1031? $1000?
3) The sold p...
We run a small business that has been doing very well. Because of this, I'm exploring what it would look like to begin investing in vacation rental real estate as a way to:
1 - Save on taxes by taking depreciation
2...
I'm trying to find out more information about the current owners of properties, to see if they are owned privately or by LLCs, owned outright or with a mortgage, etc. I know that there's a couple of different options...
Hello Fellow BP Members,I am have acquired my Texas real estate license.I am looking for different creative ways to monetize my real estate license outside of strictly selling residential properties.Also I’m looking ...
Hey everyone! So for the past years I have been educating myself with RE strategies such as the BRRRR method, Fix/Flip, Commercial, and now Wholesale. Given the state, location (Chicago) and mental, that I am in, I wa...
Hey!I am a pretty seasoned investor/wholesaler from Canada who has recently started to move into the cheaper US markets. My entire career I have just invested by cash buying single-family and small multi-family proper...
Hey Everyone,
My name is Eric and I live in Oceanside NY which is in Nassau County Long Island.
I am a banker by trade but after a few short years working in Manhattan for Bloomberg and JPMorgan Chase, ...
What is the difference between a self-directed IRA and a rollover IRA account?I currently have a rollover IRA account. Can I invest in real estate directly with this account?