I am so close to being ready to get my first wholesale deal. The only problem is I am struggling a lot to figure out if it is a good deal or not. I am looking at on-market properties. I feel like every time I see a ...
I recently read the book, “The Perfect Investment” by Paul Moore. Good Read. To sum it up in a sentence, Moore believe that investing in proven syndicators, with proven managers, in a growing market is the perfect inv...
I understand you can defer taxes on SFH through a 1031 exchange, but what about tax deferment as an LP of a syndication? It's my understanding you'll have some paper losses due to depreciation that you can push to fo...
I pose the question if buying a property with cash will your taxes be lower most likely? I evaluate properties from appraiser site and it may just be my assumption but it seems as if properties bought with cash may t...
Like the title says, those of you that are financing properties, what is your plan with the rising interest rates? The rates seem to keep on rising, and for those of us that finance our properties, is that going to p...
Hey all!So I'm working on getting my first property under contract. I've been talking with the owner, he is an out of town owner of an abandon house on the opposite side of the country. After a few calls he seems li...
What is the best way to convert ownership of properties to an LLC... I own all the properties outright, no mortgages.Also, if Trump's bill passes and the corporation tax is set to 15-20%, does that mean it would affec...
Hello all,I went to Berkeley City Hall today to apply for an occupancy inspection for one of my rental properties located in Berkeley, MO. The lady at the finance office gave me a copy of ordinance number 4320, bill n...
I have another accounting question for you all! If I buy a new rental property and use money from my checking account for the down payment, how should I classify that transaction in Quickbooks? Should that cash expe...
I am looking to buy a duplex in San Antonio as my first investment property. I have a family of 6 and I am looking to house hack. What are some good areas in San Antonio for a family? North east? West? Any recommendat...