I was told by someone that I need to set up an LLC or S Corp to wholesale real estate. Im not too sure if that is necessary though as I will never actually have ownership of the house. Any info on the topic would be m...
I have been working with a real estate agent on a potential flip property. She contacted me today saying the listing agent said that the potential buyer would have to buy the property with cash or conventional financi...
HELP OFFSET HIGH W2 INCOME! As the end of the year quickly approaches, I have maxed out my 401k and wife’s 401k and both IRAs. We have a primary residence and a Airbnb rental unit that we own and manage. We purchased ...
I am working with a small group of investors and we are putting our funds together to purchase properties that we will sell with seller financing to generate cash flow. The plan is that my LLC will be managing the ass...
I have a 16 unit apartment that got destroyed by hurricane Michael 9 months ago. We are getting rebuilt but have run into a problem with the second story floors. I want to go back over the plywood with vinyl plank flo...
We've been fixing houses for a long time now in multiple cities and for lots of different exit strategies. Even though we have had thousands of inspections done on properties, we've never before had to face this issu...
Inventory has been pretty scarce the last few months for the type of properties I usually buy as rentals so I figured I'd take a shot at the tax deed auction. There were 3 I was going for and I was able to land one o...
I am going to be leaving my company in a few months and will have to roll over my 401k. I am interested in Rollover for Business Startup (ROBS), but I am currently struggling to find any good information on the topic....
Hi,as far i was aware this whole time when you owner occupy your duplex one side and rent the other for 2yrs and you sell it within 5yr period there is no capitol gains tax. Is that statement true? I'm getting a lot o...
Hey folks - I am a noob, and I am confused. I have not done my first deal, but I am always looking at properties and crunching numbers. (I have not done my first deal yet because I am behind the game when it comes to ...