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Results (10000)
Andy Lightner buying a house thru LLC then selling LLC
15 April 2012 | 3 replies

I'm sure it's been asked NUMEROUS times, but, how easy is it to put a property under contract in an LLC and then wholesale the LLC to an end buyer in a double close?
Looking into this exact approach now. what are the...

Jeffrey Duby How to calculate fair value for a multi-use trailer park?
15 December 2020 | 1 reply

As the description says, I have access to and offmarket deal I stumbled across in west virginia, it's a older couple that is looking to sell a unique property in the mountains of eastern WV. It abuts george washington...

Nick Shri Investors as Partners?
21 December 2020 | 4 replies

I have friends interested in joining the REI ride. They want to come onboard as investors/partners. Should I open new LLC with them as partners? I will have bit of my funds and will be doing all the work (finding prop...

Jeff Lucy Typical Net Income %
30 January 2021 | 2 replies

I am interested in hearing what others are are able to realize for Net Income as a % of your gross revenue on rental properties. This would be net of all mgmt fees, repairs, taxes, insurance, etc. I just analyzed the ...

Gerardo Waisbaum Business license in Duval/FL
2 February 2021 | 4 replies

Hello,Do I need a Duval County or Florida business license to buy, sell and rent properties in Jax if I Operate under an LLC? Currently focusing on SFR but planning to scale up to SMF in the near future.Thanks.

Joakim Esaiasson Vacation home vs Single family
24 November 2014 | 1 reply

Hi,
There we are looking in to buy a 2nd cabin as an investment. We currently have one that is listed on VRbO etc.

How much cashflow would you like too see from it to make its a good deal?

If the cashflow is abou...

Dominiqe Ware Wholesale Tax Foreclosure
7 February 2015 | 3 replies

I have a deal in working on, I'd like to get some feedback on.

There is a property that is going through tax foreclosure but there is no sale date set. I have talked with the owner and they are willing to sell the p...

Danae Meurer Accounting for seller concessions
27 December 2014 | 1 reply

How does one account for seller concessions from the HUD-1?  Is that amount subtracted from the basis, or is that money allocated proportionally to each item in the closing costs it covered?Also, if there is a Lender ...

Brandon Colbenson Landlord deals with the tenant
5 February 2021 | 3 replies

Hi, I am a young guy who likes to work with his hand and I am trying to get some rental properties. Over the past 6 months I have developed a friendly relationship with my landlord. He has expressed an interest in sel...

Kimi Ho Need some input on cap gain taxes calculations
7 May 2022 | 1 reply

Hi All,need to verify some calculations from my accountant. Need only rough calculations/numbers as I understand that the numbers depend on my income. bought a house in 2010 for 136k and sold 2020 for 340k (cap gain a...