Andy K
How to avoid self employment tax when flipping properties?
Hi all,A friend of mine and I are planing to partner up and fix and flip properties. We plan to put down payment together, get a hard money loan, rehab and then sell properties. I am an experienced buy-and-hold invest...
Helen Fradette
Newbie here, How do I calculate percentage amount to save?
Hello, I'm in the stage of figuring out where my money is going. When I hear people say, "Live off 50% of your income, invest/save the rest" how would I calculate that amount? I know the difference between GROSS and ...
Dan DiFilippo
Real Estate And The Life-Cycle Economy
Those here who are familiar with more conventional investing may know about life-cycle funds. For those who are not, a life-cycle fund is a fund that is chartered in such a way that it invests according to the intere...
Barri Griffiths
Telling brokers about a possible 1031??
When my current tenants lease expires in march of 2018, I plan to sell the property(sfr) and reinvest that money via a 1031 exchange into a small apartment building(12-18units)moI've already contacted a few different ...
Sam C.
Nearing Retirement Age
After being in the business for almost 30 years, I think it's time to sell my singles and move on. I'm torn about doing it for a number of reasons but mainly because after netting out, there's nowhere I can put the mo...
Tori Schrader
cash job, and a low credit score, but the income is there
Hi there! I am super new to this world, but incredibly exited to start! I have some cash saved up, no credit cards, no good or bad debt, a low credit score as im starting to build it with a secured card, and my job pa...
Neal Collins
Keeping money in my pocket vs. paying the tax man
Is there any way to avoid paying personal income tax when flipping a house?Could you hold it for longer than 365 days and only be subject to longterm capital gains tax?Alternatively, could you fix it up and call it yo...
Account Closed
Credit/Background/Evictions Checks Galore + 3X Rent Rule.. Yet EVICTIONS SURGE IN USA
I highly doubt credit and background checks are outdated, for if anything, they are continuously competitive and streamlined hot tool commodities.Perhaps the 3X Rent = Minimum Monthly Salary qualifier is outdated?Firs...
Michael Politi
UBIT Implications for Preferred Equity Investment
I am considering investing in a Preferred Equity Syndication. The pref equity would pay out a 7% (annualized) quarterly distribution and a 7% back end return when the pref equity capital is returned. The capital stack...
Tanya Maslach
Using an IRA for downpayment funds?
This may not be a "creative RE Financing" topic - so please forgive me!I'm just starting out to build my portfolio -- (I have a SFH that is LT rental and have done that kind of thing for years...but moving on into mo...