I AM A BANKER AND PART TIME REAL ESTATE INVESTOR, LOOKING TO GROW MY REAL ESTATE BUSINESS TO A POINT THAT I MAY TRANSITION TO BEING A FULL TIME INVESTOR. MY DUPLEX (TOPIC OF THIS THREAD) WAS PURCHASED THIS YEAR FOR $1...
Hi,
I have been doing private lending at small level with my own money that me and my wife earned.
I was doing on our own name, no LLC involved.
Now I was thinking opening a LLC.
Just need opinion what are pros an...
I know that I am limited to placing $5,500 per year into an IRA. But it appears that I can still put money in and have it count for 2016 if I do it before the tax filing deadline, right? So can I open an IRA, max it o...
Hi All,Is it possible to Rollover a pension payout to a real estate investment account tax-free?Any direction on this would be greatly appreciated!Thanks,Stephen
Hi BP, I have noticed a lot of discussion on 2% rule here at BP. I am wondering if it's possible to get even 3%. Is there anyone getting 3%? I am curious to see if it's achievable. To be more precise, we are not talk...
Currently, there's only one water meter for the entire duplex, and historically, I've been responsible for paying the water bills every month.
However, I believe it's time to transition to a system where the water bi...
Hi guys,I run a management company for my own properties. But as my portfolio is getting larger I'm looking to take that part of my business more seriously. My long term goal is to have 1000's of unit's anyways, so ...
Hello everybody!
I would like to understand the "de minimis" exception in SAFE act and Dodd Frank.
My understanding I can do three residential transactions with seller carry backs (I am the seller) per year without g...
We have a 50 unit apartment complex and a local Subscription based Roadside Assistance company wants to partner with us to provide our tenants with unlimited priority roadside assistance services. We already see 2-4 t...
Let's say I was looking at a house FSBO and wanted to be represented. Does the agent contact the owner and just say "Hey...I'm representing ____. I'm going to need 3% of your sale price, sign here."
Obviously phrasi...