Hi guys! Looking to get some more insight on legally structuring and starting a real estate investment group business. A few partners and I are looking to put our money together and buy properties underneath a joint L...
I will be replacing the roof on one of my rental properties this summer. The question is can I expense is all this year or do I have to depreciate it? I ask because I've heard both sides lately. The normal consensu...
Appraisal Risks – Part 2: What Do You Mean the Appraisal is “Too Good”?
This is part 2 of a 2-part series on appraisal risks. In Part 1, we discussed what to do if an appraiser undervalues your property. In Part 2, ...
Ok, so I have bitten the bullet and gotten a HELOC for 120K. We have been searching for a house to flip, rent and refi out in AL preferably on a lake to AirBNB. We have not been as lucky to find something so we have b...
Hey guys I have LLC in texas and I bought property in Florida , should I open new LLC in Florida or I can use the one in texas ? I can just register the LLC in Florida right ? I wanted to know the disadvantages of no...
Hi,
I am new to rehabbing/flipping. I found an as-is property that looks to be about 30% undervalued, but it has clothes, furniture and other belongings left behind as well as a kitchen (gross floor, no cabinet doors...
Hello,
This will be my biggest purchase if everything goes right. It will be my first hospitality venture. The seller wants 3.8M for a 60 unit Motel in florida. Location is in close proximity to Disney parks and tou...
Hello future friends, my name is Caleb Mclamb. I am a newly married 21 year old college graduate currently working as the Inventory Manager for a local sewing business called Martelli Enterprises. I want to get involv...
I'm looking for someone knowledgeable to bounce some tax questions off of regarding purchasing real estate in the US as a non-resident. Currently, I'm a US citizen, Canadian permanent resident. I live and work in Ca...
I'm not sure if this is the right forum category for this question, but it seemed most appropriate.I'd like to start a college savings plan for my son and I'm curious if a 529 plan or a ROTH IRA is a better choice. I ...