Bob Orange
1031 exchange, then into LLC
I have a property I would like to sell and use the 1031 exchange provision to buy another. My current property is in my personal name. I plan on exchanging into another property (possibly several) in my personal nam...
Brent Mattison
IRA LLC
Looking into IRA LLC and had a question about the cash flow from a property. Does that go back into the IRA? How about setting up a management company to manage the properties, and do the maintenance. Would this be pr...
Brandon Sturgill
How Much Does it Cost to Fill in a Pool? (Not with Water...)
Looking at property with a rather large and unsightly in ground pool. Seems the best options is to fill it in with dirt/rocks and concrete over top...anyone have experience with this?
Sam Erickson
"We charged a penalty on your Partnership tax return"
Hi Everyone,I received a notice from the IRS saying My LLC that has four members was charged a fee because according to the IRS we "filed the partnership return late."The amount is $4,920. ($205 per partner per month...
Timothy Lin
Cell Tower effect on property value?
I'm evaluating a property in NH. It has 100 acres, with a house and a barn. It was purchased in 2008 (just prior to the crash) for 632K. The owners allowed a cell tower to be constructed on the property last year. ...
Russell Quealy
Bad contractors need help
Hello everyone!So I feel like I'm in a bit of a pickle right now. I had these contractors working on a flip for me. One day the lead just packed up all of his stuff and Left without letting me or my wife know. I showe...
Luke Okane
starting off as an agent
What are the pros/cons of starting off as a new real estate agent in a smaller or larger brokerage?
InYoung Choung
Is Property Management a good way to learn RE when starting out?
Hello,For someone completely new to real estate investment, would you recommend getting a Property Management license?Must someone be licensed to manage properties?What is the best way to acquire hands-on experience m...
Nick B.
Final K-1 and TurboTax
Do we have CPAs familiar with K-1 forms and TurboTax? I got a final K-1 from one of my investments (it sold in 2018) and don't know how to figure out my basis and sales price from the information provided on that and ...
Nick Martin
LLC or Land Trust
I believe to have found my first rental property. It's a duplex, asking price is $71,000, tenants pay all utilities and mow grass, gross rent is $1,300/mo. Great school district, good rental history, etc. A friend of ...