We are interested in knowing something about investing in Bridgeport Ct. Is Bridgeport a C town and how does in compare to Waterbury Ct. Is Bridgeport appreciating? Are thre Multi familys available in Bridgeport? ...
hello BP. I would like to know opinions about what's a good percentage to shoot for in regards to rent rates compared to purchase price (i.e. 2 percent rule) in the Houston area. Thanks!
Hello Everyone, I am looking for some general information on 1031 Exchanges. I have read the guidelines on the IRS website, but wanted to confirm some information. Lets say for example I own a property worth 250K, but...
It's past 1am here in Jacksonville, FL, my eyes hurt, but I can't get enough articles and podcasts. I'm new here, and new to investing. Further more, I'm new to just learning about Real Estate Investing. Through many ...
Hello Members,My friend and I are both first time investors and will be investing in real estate within the next six months. We have been researching whether or not to create an LLC. We haven't had too much success in...
About 10 years ago, Friend A (on advice from his CPA) and an IRS rep both told me that I should strive to not have a loss on my rental property for more than three years, or no more than three out of ? years (not sure...
Hello BP
I want some advice, help, warning, or just feedback from an idea I have to jump into the RE world.
Several years ago I was hired on for a 3 month project with a company that raised 50M to inves...
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...
First post, first possible deal, and I would love any insights. I'm in Minneapolis, where RE isn't cheap, but the market is still very workable. My plan is to fix and flip on this one. My cousin and his wife are desi...
Greetings:
I am a small timer but I own three rental properties. Currently, I have a CPA that I have been using a few years. I am not an expert in this area, but it seems that I am the one that has to point out to ...