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Hi all you Tax pro’s can you please advise me with how to go about structuring this partnership!I would do the work on the ground and they would provide the cash, we would split 50/50 on profits, this is for a flip wh...
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I have a question regarding rolling a traditional IRA into a Roth. Given:A traditional IRA that was funded via a closed 401k and grew for several years, with a value of $15,000A recent after-tax contribution to that ...
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Has anyone wholesaled a lease option for a fee from the buyer? I have some older wholesale properties I've offered for cash sales but can't move them. I get calls to purchase as lease options more than cash sales. ...
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I'm under contract for my first property in Indy. I'm wondering if I should skip the lead inspection.The seller marked "unknown" in the sellers disclosure: Seller has no knowledge of lead-based paint and/or lead-based...
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GuysCouple of questions here if someone is from Queens, NYC1) I need to take out some grass out of my front yard and put concrete in to create 2 parking spots. From what I know, DOB only requires you to retain 20% of ...
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Looking for advise on expanding PM business to another state. I know the license requirements, but what else do I need to research or consider?
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I'm looking for recommendations on finding an attorney . I own a duplex (in LLC) and 4 plex (in my name for now) with aspirations of growing bigger. Maybe you saw my previous post on a tenant slipping on ice.
Anyho...
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I have a couple money partners ready to fund my wholesaling venture, and they want to be limited partners. They also like the tax and liability advantages of an LLC. Is there a way where I could form a General and Lim...
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When a person sells a property on a note does the owner hold title until it is paid off or do they switch title?
Thanks and
'
Merry Christmas
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I just closed my first deal today. It is a flip in Syracuse NY. The property was listed for $9900, I submitted my offer with an escalator clause. Here's the numbers:4 Bedrooms, 1.5 bath, 1344 sqft.Purchase Price - $1...