Adrian Beltran
Anything I should know about Illinois before BRRRRing SFR?
Just wanted to see if anyone is investing in the Calumet City or Dolton Illinois area. Wanted to see what the market is like and if anyone has any tips on the area. Also if Illinois more of a landlord friendly state o...
Justin Gottuso
Should I have a LLC?
What’s the best business structure for rental property tax wise? Do I pay quarterly taxes? What all can be written off and what should I be keeping track of monthly? What forms will I need to fill out?Anything special...
Jeffrey Andrew hamula
1031 Requirement - Value, like kind, debt replacement
Long time lurker, first time post. Bought a home as my primary residence for 400k in 2008 in UT. I added 65k in improvements, and started renting it out in June 2014 when I moved to NC. My tenant in UT wants to ...
Account Closed
tax season is getting closer.... newbie mistakes to watch out for? (in the middle of the reno on SFR#2)
started an LLC, actively working on the renovation of SFR #2 (about $17k of anticipated reno costs). Daily trips to the home store for materials and doing all the work myself. Random piles of receipts, some probably s...
Jeremy H.
Sell now or turn into rental property?
I bought this property to live in years ago. I paid about $430k which was around peak, The property could be sold for around $460k today.I owe $300k on this, so assuming a 6% realtor fee, I would get around $130k in ...
Ashan D
Moving across the country, how to find a hot market?
Hi all,
I've decided to make a big change and move out of the Los angeles, CA area in order to begin my real estate career. I can work anywhere in the country due to my income source coming from online.
I know that ...
Adam A.
Solo 401K vs. ROBS
Greetings,After browsing and reading BP I still don't a clear idea which route to go. In my situation, my wife will be a retired teacher by June 1ST @ 52. She has 403b and 401a plans which she can rollover from VALIC...
Don Konipol
A Creative Technique I learned from John Beck
I learned this one from (now disgraced) real estate mentor John Beck
What John used to do was go to tax auctions, and buy the odd, probably worthless lots nobody wanted. He’d pay $50 - $100 for these, and wait thru ...
Keith Lutz
Questions to ask a CPA?
Since we are approaching tax season, and I am new to investing, I figure it would be a good idea to look/interview for a CPA?
Do you have any qualifying questions I should ask?
I figure one pre-qualifiying questio...
Chris Virgil-Stone
Prime Corporate Services?
Has anyone used Prime Corporate Services (PCS)? My partner and I set up a legal entity with them and are considering using their tax services - one time set up fee of $3k and $65/month retainer which includes annual K...