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Hi, I have been stalking a SFH that is 'coming soon' to market and so I called on it today. It looks like a great property to rehab and rent out. The home has not be kept up very well, the landscaping is all over gr...
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Hey guys, I have a question.
Hypothetical scenario:
SFR
$1000 NOI
$500 Service on a selling financing.
Cashflow = $500
Are you taxed on the $1000 NOI or on the $500 cashflow?
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I posted 6 months ago, and no response. So, I am trying again. I will be buying (hopefully) a multi-family soon in SoCal. As anyone can guess, this is pricey. Is anyone doing this?
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I am wanting to move an IRA rollover into a self-directed IRA and I have a couple of questions I need help with.
By the way, I am thinking of using it for tax liens and/or private lending.
1) Do I need to set up an LL...
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Hello all,
So I was talking to a realtor this morning and I asked him why there weren't more properties coming on the market as compared to last year. He mentioned that some banks are actually fixing up the propertie...
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My wife and I make a combined income of nearly 300k in our W-2 job. We don't own any property and are getting killed in taxes. Last year we paid about 60k in taxes alone. Our accountant said that buying a 4-Plex apar...
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My manager is asking if I (landlord) will allow prospective tenants with no eviction in past 4 years. I was thinking no evictions at all. But what's the acceptable and more common practice here? From a simple online s...
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Looking for some advice on how to handle a commercial real estate transaction with out the involvement of a broker. I'm looking at a few different buildings, and talking directly with the owners about purchasing. The ...
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Hi , I have two rentals I own right out. one is a house with land and the other is a mobile home on leased land in a very good location . I just created an llc for these properties per my accountants recommendation he...