Hi everyone just wanted to give everyone a quick sysnopsis on my second wholesale deal I just closed.
In a nutshell the deal took about 6 months from beginning to end, and in that timeframe I closed on my fir...
Hello, my name is Rogelio Estrada. I am from Washington and I am interested in Real State. My only problem is that I do not know where to start. I think that my biggest problem right now is how to get the money to sta...
In Feb 2015 I purchased a single family residence where I reside and rent out a room.In a couple years, once I have saved up enough money for a down payment I want to purchase another single family residence. I will ...
Hello Everyone at BP.
I have been reading, researching real estate investments and strategies for many years. For the past few months, I've been hooked on BP. The thing I like the most on this forum is people help...
I'm looking for arguments to help convince an investor to form an LLC before buying an apartment building for rental income. (He won't occupy the property.) He's more concerned with immediate tax/financial benefits th...
As an investor, turning over properties in under a year, how do you deal with the tax impacts?
I've decided to use lease options and subject to's as my primary investment strategy for residential properties. Since the deed stays in the sellers name until you cash the deal out, what kind of tax deductions are av...
In addition to property management, I do hourly work for a rehabber. Would it be better for them to send a 1099 to my property management LLC or to my personal name? Both are justifiable since I end up managing the ho...
Would it be risky to open and offshore LLC in order to pay less taxes on the profit made from flipping a house? Is that even possible? Please advice.
I am purchasing my first flip home. My plan is to reinvest the money into my next project and I will be holding the properties for less than a year. What sort of taxes should I expect to pay and what are the best ways...