Hemender Devangan
Should I sell my investment house or not
Hello,I am in dilemma about my investment house whether I should keep it or sell it.I bought a house in Austin area in 2007 for $310k which includes down payment, closing cost. Lived in that house till end of 2008 the...
Hau N.
Should I walk away?
Hello BP members,I need your help analyzing this deal. I have a feeling what you'll tell me but I just need to hear it so I can walk away from it. It will be my first deal. I've been looking into MF 2-4 units but ...
Robert Sutherland
Setting up an IRA/LLC in Henderson, Nv
I live in Henderson Nv and I want to form a self directed IRA/LLC for the purposes of purchasing a business, and possibly real estate. Does anyone know how long this process takes? Should I form the IRA/LLC first befo...
Kyle Spearin
Hidden Costs
What are some of the hidden costs associated with buying and flipping houses?
Robb Colley
Piquing curiosity between Long Term Investing vs. Short Term Inve
Piquing curiosity between Long Term Investing vs. Short Term Investing
Ever wonder about the difference between the benefits of short term vs long term properties? Balancing your investment portfolio is an ongoing ta...
Jones Owens
Long Island - Fundamental Stumbling Block
Long Island is quite strange because NYC, JC, and CT are right next door, yet LI's fundamentals are making my head spin.Both in NYC and Long Island, the net income from job would be about the same after the LIRR/MTA/c...
Alan Duro
Need help finding solution to utilize a large capital tax loss.
Hi BP members! I had a tax question that I can't seem to find any info about online. The CPA's I've spoken with haven't been very creative in helping come up with solutions. A close friend of mine took a large capital...
Will Rodgers
Contractor or Good Handyman tax liability
HI All,Alright, I have read J Scott's book and am aware that you want to hire someone who is licensed and insured etc to do my labor for a flip... But I know someone who is really good at rehabbing but is not licensed...
Andrew Jervis
Partnership Financing
Hello All,I have recently teamed up with two other people to form a partnership pursuing MFH in the Philadelphia area. Originally, we thought it would be best to form an LLC, but after consulting with a few local inve...
James Meyer
Physician and Solo 401 as Real Estate Agent
Hi,
I am a physician employed at a university hospital with W2 income. I have 403 and 457 retirement accounts through my employer.
I plan to get my real estate broker license this year and I wonder if I am eligible ...