Corbin Jones
CPA needed for two separate businesses
I just purchased my first buy-and-hold investment property in February. It’s located in Milwaukee, Wisconsin, and I will need a CPA to help me with my taxes. I also have a small mowing business in Missouri that operat...
Daren Weintraub
Starting a PM Company Under an Existing Brokerage
My fiancé and I are looking to start a Property Management Company but the state where we live requires a brokers license. One of the requirements is to be a full-time real estate salesperson for 36 of the previous 48...
Corvin Ty Walker
Modern Luxury Short Term Rental !
Investment Info:
Single-family residence buy & hold investment in Phoenix.
Purchase price: $1,275,000
Cash invested: $400,000
Sale price: $1,275,000
This Modern Luxury home lays right up the ...
Jeff Brower
New Tax Law: No more recharacterization by 10/15 of next year
I figured some on this forum would find this interesting:https://www.financial-planning.com/news/new-tax-bill-no-more-roth-ira-do-oversA quote from the article: As a reminder, here’s how a Roth conversion cycle usuall...
Christopher Wilken
Negotiating agent's/broker's commission
What is the current custom for the agent's and broker's commission (I will just refer to the agent's commission for simplicity), and what is the bottom end of the range for commissions? Listing agent's typically recei...
Rosie Giacosa
Asking buyer's agent to cut commission
Hi,Is it appropriate to ask a buyer's agent to cut his commission to 2% to close a deal if I am selling my property as owner/agent?Thanks!
Jeanne Villamil
Private Lenders
For those of you looking for private lenders, call an IRA company and ask them about any clients that are interested in using their IRA fund for RE investing. Here in Houston we have such a company and I am on my way ...
Mary Jay
Are there transfer tax if transfer your property into LLC in AZ?
Hi guys,Is there any tax implications when you transfer a property into an LLC?Did anybody transfer a property into an Arizona LLC? If yes, did you have to pay transfer tax? (In some states it could be 20% of the valu...
Tamatha Mallard
Investment property rental
Hello I’m trying to help a client purchase an investment property. Sales price $145,000. It rents for like $1450 a month. She wants to pay cash. It also has $320 HOA
monthly expense is like 645. HOA taxes insurance. A...
Chris Arambasick
What are most important things RE agent can do to help investors?
I am relatively new to real estate sales, but I am learning more about investing everyday and hope to start working with investors soon. I am wondering what are the best ways for me, as a real estate agent, to be an a...