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I just watched a video online of someone explaining why he would never flip a house. He basically said the reason is because if you flip a house it is considered ordinary income tax + self-employment tax which ends up...
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Hi everyone!My husband and I are planning on jumping in to the Chicago market and are pursuing fix/flips. We are having trouble deciding which entity(LLC, S-Corp, land trusts, etc.) to create and are looking for advic...
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One of the things that has held me back from investing in real estate is the idea of being a landlord. I see and know many investors with multiple properties and the same question comes to my mind every time: "How do...
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So there has been rumblings of the current administration trying to find additional tax savings anywhere they can.A crazy notion has been to look at doing away with the 1031 exchange. This goes against every founding ...
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A new development out of Atlanta this week. An investor has been held liable for the exceptionally poor conditions of his properties, even though they were held by an LLC that was not under his own name. He argued tha...
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Hello,
I’m a new member. I’m wondering if there are any local meetups or RE events in Pasadena? I couldn’t find much of anything while searching around.
Looking to connect and meet new people to discuss RE investin...
My question is concerning whether or not is can be a good idea to separate your real estate operations into two entities: (1) an LLC that holds your property and (2) the LLC that holds your property management operati...
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Currently I am an active real estate investor and developer (single family and large scale senior housing) but I am looking to get involved in mobile home parks. Unfortunately I don't see any MeetUps or any other loc...
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Hi guys,
I'm a non-USA citizen (no social security number) and own 3 properties in LLCs in Atlanta. I wanted to check is there any way I can finance these?
I'm going to be in USA in 2 weeks and I plan on meeting ba...
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I found an owner of a house who is due the overage. I did a bit of research and the house was deeded to 3 people, her, her mother, and her step father. Her mother is deceased. Her step-father left the country long a...