Hi All! A background of myself - I have 50k in the bank (varies from month to month of course!) After taxes and such, I would say I net around 80k a year. I am putting 2k a month extra on our house to pay it off in...
What is so good about having a single member LLC in florida vs Texas? Texas costs $300 to form vs Florida at $150 and they to have state income tax both very flexible. Does anyone have better information on this subject?
I am involved with several other investors in the purchase of a large multi-family property in oregon. We will be forming an LLC amongst the partners to hold the property. I am trying to decide if it is worthwhile h...
Can I use my IRAs to start my real estate business and is there a way to avoid the taxing of the IRAs
When just starting out with fix & flips is it necessary to engage a tax attorney or will a real estate savvy CPA be able to assist with all we will need? Can anyone recommend a CPA that is a real estate investor h...
Hi guys,I am new to real estate investing but have been devouring info and have cash to invest from current ecommerce business successes. Looking to connect with a real estate professionals specialized in South Atlant...
I am new in the note business and looking to learn the note business using money from my SDIRA. I have made a few acquaintances from BP and are hoping to JV with them to help me learn the note business. I am hoping ...
I have a single family rental right now.Vacancy adjusted, I bring in $21,000 a year in rent.My annual expenses are:Property tax: $3200Insurance $900Washing machine $500Plumbing repair $250Irrigation turn on and turn o...
My current situation:Stay at a friends property in an Accessory Dwelling Unit.Rent free.No primary residence SingleLow personal monthly bills.My question is, from strictly a financial perspective, would it make more s...
I have a tenant that I am self-managing. Her rent is $1,350, she has been there for 1.5 years, always on time. We have a good relationship. She was 2 weeks late this month, she was transparent as to what was going on...