Looking to make a Tax presentation for my Father in Law who LOVES 401k's (with pros and cons) vs investing in real estate as a real estate professional.Would love to have some help here from a licensed professional wh...
I read in a couple of real estate investment books that i should have a few REA’s looking out for deals. A REA friend of mine says this is unethical and I cannot reach out to any other agency besides him. What are you...
Hello BPMy name is Ariel and I'm new to BP forums. I am 29 years old, a TOTAL newbie on REI, never bought a house nor invested in one, and I work full time as a chef.I'm here to seek advice from experienced investors ...
Interested to hear how many of you handle rent increases. Here is what I do currently. All of my leases are 12 months and are renewed if someone chooses to stay. I contact them 60 days out from the expiration of th...
I have a friend who recently moved from Germany to California and is attempting to rent his apartment, in Germany, by owner but isn't having any luck. It has been about 4 months now. My wife wanted me to talk with him...
No two-investment summaries are the same. Some will be a beautiful display of professional pictures, charts and graphs that expand 10-20 pages or more of information, while others will be a one-page summary of the off...
Hi all, I came across a very appealing 6-unit building in a great neighborhood and while looking at the current tenants' rent info, I noticed all units are paying incredibly low rent. The building is C-class but my id...
Apparently since 2012 it has not been necessary to prepare 1099-MISC's related to rental activity unless the activity is a trade or business. See this article:
www.taxcpe.com/blogs/news/1099...
What do you think - ...
I have been debating forming an LLC for my real estate work but was wondering, since I am not actually buying the property, what advantages or protections having a LLC would provide.
Also I was looking at Leg...
Need any feedback or advice from someone who used their 401k to invest in their own company. I know I can get a loan (50% or up to $50k) but ideally I would like to have access to the entire amount without triggering ...