Dean Wright
Property purchase transfer from personal to LLC
I'm about to purchase my first property with a loan, but the loan will be against my personal credit but i have an LLC that i would like to have all present and future properties purchased under, how do i go about pur...
Christopher Karimi
Mandatory Real Estate Licensing Courses/Books/Information
Good morning, I started my mandatory courses for my Texas RE license about 3 months ago, I'm almost finished with course 4 and will move to course 5 (Promulgated Contract Forms) soon. I've covered so much information ...
Account Closed
Philadelphia HELOC references? Recommendations?
Hey everyone!I am looking to start up a fix & flip business alongside my dad. Since my family's home where I grew up no longer has a mortgage, we were considering using a HELOC to cheaply start our fix & flip ...
Michael Weis
Qualified Intermediary 1031
Good Morning. Seeking some advice and feedack from those who have had to use a qualified intermediary to handle their 1031's. -say you have 5 deals on the year whatever that be wholesaling or flipping, do they charg...
Mat O'Grady
Homepath Penalty
Hello All,
Has anyone or does anyone know someone that has had to pay the owner occupant penalty for the Home Path First Look program? Either because they were not moved in before 60 days or because they sold...
Luke Masaschi
Air Fresheners and Issues
Hey guys I had a guest complain about plug in air fresheners. To me I never notice a difference and pick light scents just to keep my home smelling nice because its an older wood home in the country and sometimes gets...
Gerald Maczuga
Selling rental properties
I plan to sell 2 rental properties in 2024. I heard that I can avoid paying capital gains on them if my husband and I make less than $94,000 combined. We are retiring in a few years and will likely make less than th...
Nick Camizzi
I’m interested in a Commercial building
Hey everyone I have a question and would like to get other people’s feedback. I went on the States website where they sell state owned properties, I found a +19ac with an old Prison that was built in 1994. It’s across...
Serge S.
Anyone called out by IRS for NOT filing 1099s??
I know a few investors that have never filed 1099s with contractors. They claim to either play dumb (thought it was a C-corp) or just never file. One guy has never filed in over 10 years and never a peep from the IRS....
Bienes Raices
Storage of sensitive data (tenants)
Like most people on here, I suppose, I now have old tenant applications with SS#s, birthdates, etc. Currently I am keeping them in a locked file cabinet (although my agreement with the credit service just says I have ...