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I recently attended a bootcamp where one of the speakers was a tax guy. He was apoplectic when he talked about CPAs who set up clients in LLCs with an S-corp tax election in part to save on self-employment taxes. Swea...
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You acquire a property that as a renovation/rehab play, not necessarily just for the units themselves, but also improvements to be made to building systems and exterior . . . Let's say you already know the approximate...
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Life is too short to be small! We are focusing on building our TEAM, finding our DEAL and raising the MONEY. Our outlook is if we find the right deal, then the money will follow and will be looking to be General Partn...
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Hi guys!So I'm a resident physician living in the Bay Area and my fiance owns a 3 BR 2 BA condo in the North Kenwood area in Chicago, a 6 unit multifamily condo building. The HOA was severely mismanaged by a self-mana...
I’ve been doing a bunch of reading and research and just wondering at what point are you financially ready to buy your first rental property? I have little consumer debt but not very much money in savings. Should I bu...
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I have been developing a commercial property in Columbus Ohio and assigned an architectural firm to assist. They have been engaged in my project in 2 phases, first was to draw preliminary sketches and engage with the ...
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Hey all I am finally following what I love doing and it is wonderful! Being 24 yrs old and having a decent job etc most people thought I was crazy for taking this project on. I will be updating this post as I go un...
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I have a section 8 tenant. The FMR for my neighborhood is approximately $1000 which it turns out is uniform with the other houses around my unit. I am just saying $1000 to round it out and make it simple. The hous...
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We built a custom home to live in as our primary residence. It is up in value but we are trying our best to stay here for another year in order to use the 2 out of 5 exemption. However, we built this house as an inves...
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I recently met with a CPA and he recommended I invest in a hotel for tax purposes. Longer story there, but I've since found a discounted hotel that seems to be a good opportunity. What resources, or people, have folks...