David Reardon
Real Estate Partners LLC Tax Return Questions
I have a 50/50 partner in an LLC and we are rehabbing a home with an upstairs and downstairs unit. We have been renting the garage to a guy for storage and have $1250 in income for 2019, and have put about $30,000 in...
George Chung
Is my CPA charging too much for filing Umbrella LLC?
Hello Guys,I have an umbrella LLC in neveda and I have 9 properties total that is included in this LLC. My CPA just billed me for $4650 for Tax preparation for management LLC. Isn’t this too much?Thank you in advanced...
Troy Christnacht
Can I use my HELOC for private lending to another investor?
Can I use my HELOC for private lending to another investor? I've used it to build my rental portfolio and now I'm done with that. Now I'd like to use the HELOC to private lend to a local friend builder for spec hous...
Sam Schrimsher
US Residents investing in Canada - Form LLC or Partnership?
Hello BP,Wanting to get some opinions here from folks in the know.My brother and I are in contract on some acreage in Nova Scotia Canada. After we purchase it we plan on selling some individual lots, perhaps developin...
Victoria King
Renter wants to lease to own?
We have potential renters who want to lease to own. They can afford the monthly payments but don't have the downpayment for the house saved yet- they have a plan to do so in the next year.We offered to allow them to r...
Daniel Williams
Property worth 100k with a 69k mortgage
About to get a contract on a house that is worth 100k ARV but has about 60k mortgage on it. I need some help on how low should I get the contract to be fair to the seller and so i can make at least 4k from the deal. ...
Kian B.
Reverse exchange help
I am def. interested in a 1031 (just a smart move) but Here is where the tricky party comes in. I have a property that is now under contract. I want to look into doing a reverse exhange only because It would give me ...
Rob Cee
Lease, lease-option or contract for deed?
I have a rental house in New Mexico that I was hoping to be able to sell but it looks like it won't sell. I'm leaning on just doing a straight lease to just continue holding since I can't sell it. Just renting it...
Keneale McKenzie
Hello from a newbie
Hi all,I recently stumbled onto the world of real estate investing and Im interested in learning all I can. I currently live in NY and I am aware of the high prices for property here. As my goal is to have a means of ...
Katie Barton
Buy or build?
I have been thinking about obtaining a duplex to live in and rent out the other half as income. I do not know if I should try to buy on or build one. I know a builder who does duplexes, but buying one would be so much...