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With the tax breaks that come along with owning a business, should I register as a business before I start flipping houses? I'm just concerned that the money gained will count as income which could be a tax nightmare.
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Okay so it isn’t me, but my mom. We are interested in purchasing a multi-unit property in Charlotte, NC and live in one of the units, and plan to rent out the other rooms or list them on Airbnb. She currently has a a ...
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Hey y'all! I'm renting my first deal as of 3/10, yay! But I have a question, I have a mid-high end 2 bed, 2.5 bath, 1600 sq. ft. townhome that I'm renting for $1295, a good market value price in my area in Alabama. I...
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Hi BP,I was the high bidder on a duplex on auction.com but it did not hit the reserve. I have sent over the contract and EMD and was told the bank would get back to me within 15 days as to whether they approve the sal...
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My Wife and I are looking to move into our first House Hack soon. I have a general question as when is the best time to start an LLC. We will also be managing a family property and looking to grow our portoflio over t...
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Hello All,I am totally new to this industry. I was recently laid off from my job and decided why not now. I had always wondered about real estate but didn't know where to start and I didn't have any money and credit w...
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This topic comes from just wanting to know what is working best for active investors, not so much the full time investor. A lot of people would go with mailing to circumstantial sellers. When you mail out, are you m...
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Hi everyone. I have a problem that I hope you can help with. I haven't gotten rent from a tenant in a while and have made phone calls and sent letters to no avail. When speaking to a neighbor, I asked if they knew ...
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Hello all,
This is a great site. I am looking forward to networking, sharing and learning. I get the distinct impression that this board fosters that environment unlike other boards I have read.
I'm married with sma...
In Philadelphia, if a decedent has been deceased for MORE THAN 21 YEARS, letters (admin/testamentary) are unable to be obtained in the usual manner. I’m told that a lawyer must file a petition in orphans court before ...