Newbie here, trying to formulate a strategy. I've been reading up a lot on REI (16 books in 3 months! And counting.) My ultimate goal is long-term net worth. I'm not afraid of fixers, and I love the idea of BRRRR and ...
Hi - I'm curious to learn more about how Florida condotels work, particularly those in buildings managed by international hotel chains such as Hilton, Conrad, Marriott etc.I found some generic information online, but ...
Hello everyone!My partner and I are really itching to get things going with our real estate journey. We are waiting on our EIN to arrive as we have every thing else in place. Is there buying process that we can do or ...
In setting up my LLC in North Carolina (a community property state) is it preferable, for tax reasons, to set it up with only one of us as a member or both? My CPA says it is better not to have things set up as a par...
I heard in a podcast that if you live in a primary home for 2 of 5 years of ownership, that you won't have to pay CGT when you sell it.Just trying to make sure I got this right - say you bought a home in 01/2018 for s...
While the "service" part of the Internal Revenue Service has always been lacking, there're some welcome improvements recently:1. The huge backlog of unopened mail, dating back to the beginning of Covid, is getting sma...
so i have read and researched this designation for some time now, and even obtained good info from one of the forums' resident tax experts Steven Hamilton, II, but i am just curious how many out there are actually usi...
I am running into an issue and I can't find the answer to my question. I bought several land lots in Jefferson County from a reseller in Alabama and he sent me a copy the Quitclaim Deeds for each property, by email. H...
Hi guys. We are looking at selling a condo we own in galveston and we are advertising that we will consider owner financing. It is a vacation rental and will be sold either to an investor or someone for a second/vac...
I recently finished construction on an 8 unit apartment building and it contains a mixture of 5, 15, & 27.5 year property. My question is, I have invoices for what those specific items cost so do I still have to h...