Hi All,My mother is looking to sell a condo that she has owned for 20+ years in Marathon, FL. She is estimating that the value of the condo is approximately $200,000. Her plan after the sale is to give the money to my...
A realtor told me that New York City would charge a higher property tax on an investment property and suggested that I change my mailing address for tax bills from my primary residence to my investment property in ord...
Hello all.
As I was preparing my tax returns, I realized my 2019 AGI exceeds the IRS income limits for full contributions to a Roth IRA, which carries a 6% penalty for every year the excess along with its correspondi...
Assume they are a licensed broker/dealer.
What are some standard deal structures for bringing LPs to us and over what time frame are they paid out? Any economic downturn clauses?
Also curious if anyone has given GP...
We own a property free and clear. We’d like to borrow $50k from a private investor. We’d like to sign a note and attach a lien so the investor is protected. What are the mechanics to made this happen? Attorney dra...
Hello BiggerPockets community, hope everyone is safe out their . *Scenario: I find a home for 500k and seller is willing to pay half of closing .You know someone who wants the same property.*Question : Am I able to ge...
I've had a few interactions recently that I think are typical of any industry but add to the argument for getting started with your first equity deal ASAP. We have all heard people gripe about the amount of effort and...
Hello Community, In Virginia, do I need and attorney as a wholesaler to flip the contract? Or do I just need to make sure that the contract is worded properly and protects my interests? Do I necessarily need to get su...
Good Day All,
I am new to Bigger Pockets but not new to Real Estate. For I had my Virginia Real Estate Agent license a few years back. Worked for a mainline broker for 9 months in Northern Virginia, mostly doing open...
I am a 19 year old kid 2 hours from the big city of dallas. I am intrigued on real estate and the benefits of investing into it. I want to find a mentor to show me the way and help me through it all just to have my ba...