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Weird situation I find myself in. I’m a remote landlord and recently placed a new tenant at my SFR in Macon, GA in August. Conducted standard due diligence (credit scores, income verification, prior references) and I ...
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I'm reposting and expanding this discussion because somehow I posted to the wrong area, and I'm hoping to get some advice.We in the process of settling this estate where we have inherited 1/6 of a commercial building,...
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I have known about self direct IRA but not Self Directed 401K and 'Checkbook' IRAs. I wanted to take control of my personal debt and let my IRA benefit from the loan but still maintain tax preference.What circustances...
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Hi everyone, my name is Brian Flannery. Why am I getting into real estate? I have a few friends that own multiple properties and they have tried to convince me for years, but I was always too scared to jump in. Ear...
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Hello everyone! I know the criteria to be a RE Professional is 750 hours in RE and more hours in RE than any other job. My accountant told me that I need to spend 750 hours PER PROPERTY which does not make sense. H...
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Hello All, Thanks for taking the time to read through my experience. What I am going to share is what I have learned through the years, good and bad. I would like to share my experience with you so that you may be ...
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I have a unit that has three tenants lived in there. 2 tenants vacanted and the third one decided to stayed. One of the girl, who vacated made a pet deposit of $300. On the pet deposit agreement stated that pet dep...
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Hi BP, I've been flipping houses in Philly for nearly two years and I am coming up on my first year that I need to pay taxes on my gains. I recently met with my CPA to go through some of the best strategies to minimiz...
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Hey folks. Me and my business partner have a SFH with tenants currently occupying it for over a year at this point. We bought the house early last year. The house has a septic drywell and fresh water well, no city con...
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We are fairly new to real estate and were told to set up our LLCs under a holding company in Wyoming. The people who we worked with in the beginning that had us structure our business that way are no longer accessible...