I've been reading old posts about the "real estate professional" status (of which there are many) but it isn't clear to me if flippers can utilize losses from their rental properties if they don't self-manage their pr...
My sister just bought a house. It was closed last week. The day after closing she found mold in the garage on the wall. During the time of inspection, there were tons of stuffs in the garage. And a cabinet was against...
I am 66. Can I transfer some of my self-directed IRA to pay down my mortgage on rental property? Consequences, if any?
I'm a complete novice at commercial real estate but jumped in head first. I now own a property in Florida that was a payless shoe store in a very busy area. After I bought it I was contacted by a number of brokers loo...
What do you do when you are mananging your own properties and you are not available? If you have a accident, medical situation,or on vacation? I am currently managing my own properties. I have most things set up. Main...
I hear this a lot from people wanting to invest in real estate. I want to invest in RE and I can't find the time. When I was younger, I thought investing in real estate was a truly passive activity. Yes, this may b...
This is my families property and it needs to sell so my recently widowed grandmother can invest the money into building accommodation for her to move in with other family so she is not alone, and remove the tax and up...
Hey everyone!
So I have a small issue. I found a good deal. essentially an 8 unit apartment building near pittsburgh. I can buy it for about 40k and it will take about 40 or 45 in repairs to bring it to where I want ...
Sorry it's too big but I don't post often. And really need some advice.
I bought a big old 5b2b house couple years ago. I had a management company but saw them struggling to find tenant. It's a single family house. N...
We have properties in different states, and we have been recommended to form LLCs in each state to hold the properties. I was wondering if anyone could recommend a lawyer that could assist with creating the LLCs. Al...