I have money in an inherited IRA account, that I am pulling out to purchase an investment property. Does this type of purchase meet the requirements of a 1031 exchange? This purchase will significantly raise my tax li...
I was listening to a BP podcast and the speaker (I think his name was Charles) was saying that if you want to be a good investor you should spend more time learning/figuring out the financing for the property over the...
Hello, I am currently interested in buying 3 duplexes. All are currently rented and bring in 4500 per month gross. Property taxes per seller are 8,000 per year. The owner wants to do seller financing with these terms
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For those of you who haven't already heard the news, there is SDIRA-Killing Legislation in the House Tax Bill. Tax Attorney/Investor John Hyre, has put together a website that describes the impact of this bill on all ...
Hello,My family owns 105 single family rentals with an average rent of roughly $650-$675. The tenants who generally rent from us are working in low-wage industries or collecting SSI disability checks. My father has c...
I have an LLC for my side business and I know the benefits of having one like protecting / keeping my personal assets separated, being able to write-off any expenses, etc.; however, I'm wondering if it would be better...
I'm already attending school for a major of real estate, I'd like to add a second major (which I know you all would not recommend getting a degree in real estate at all necessarily to do this line of work), but if you...
Hope this is ok to ask a general lifestyle as well as investment questions. My wife and are looking to buy a single family home hopefully in the next couple of months. We're currently looking in Granada Hills, Pasad...
My husband & I have been discussing and weighing the following two options below for a few weeks now and I'd like some fresh takes from you. Some details about us:- Currently live in queens, ny.- Plan to relocate ...
I am a new investor in the Elkin area of NC, never having done any deals. I have found a HUD home that seems to be a very promising deal. I currently have ZERO RE agent relationships. Should I call the listing agen...