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Four Things to Know about Taxes and Starting a BusinessNew business owners have tax-related things to do before launching their companies. Here are some items to consider before scheduling a ribbon-cutting event.1. C...
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Just watched a webinar on Wholesale Reformation with John Cochran and Jeff Watson. Anyone know anything about it, was it worthwhile?
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So I'm basically new to the game - I've owned 2 properties for 7 years and been renting them, but they started out as properties I bought to live inNow I'm trying to diversify and invest in RE - but I work full time a...
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Landlord here... running into this issue for the first time. My tenant called and asked me to set up a Statewide Vendor # so that DSHS (Department of Social and Health Services) can make payments for rent on the tena...
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Have a property thats avail locally. two houses and a vacant lot all being sold as one package with asking price of 220k. I plan to use one house and the lot as a business property and rent out the second home. Im no...
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We're buying a 2 unit that we're going to completely rehab and the tenants in the 2 unit are month to month. We're in Pennsylvania. Do you think it will be an issue to get them out after we close (a short closing is...
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I have the opportunity to buy a small 1100sf house used as an office. A local real estate company is renting it now and will sign a 2 to 3 year lease when (or if) I buy the house. It's located in a small booming town...
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Howdy BP folks!I did some research on the process of owner financing and found some good info but left me confused and with more questions. I'm hoping folks here can answer a few questions.I am currently in negotiati...
Question for lenders (or anyone). On an owner occupied 4-plex do all lenders calculate the debt/income the same way? Would the entire PITIA go against the borrower as housing debt, Then use positive cash flow plus a...
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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...