Amy Raye Rogers
The Negative Cash Flow Club!!
The numbers are in for 2021... 6 doors acquired in 2021... 8 total doors owned (all SFR)54k in rents, 24k expenses, 30k cap ex, and 30,500k in PITI...For a grand total of -31k net cash flow!!!but...400k equity growth!...
Rylan Zwanziger
Wealth Ability- formerly ProVision - Tom Wheelwright
I'm looking into some better guidance into tax planning and a new CPA as I grow my real estate business. Has anyone worked with Tom Wheelwright's ProVIsion or now Wealth Ability? I had a consultation with them and ...
Li Tolentino
Tax consequences for IRA investing in Syndication
What are the tax consequences for investing in syndication project with a self directed IRA? I was told by a IRA company representative that I may need to pay UBIT (unrelated business income tax). Is that true? The pr...
Dale Orcutt
deferred tax on primary home
Is there anything or way to deferred the profits from my main home after the 250k. Im looking to buy more investment property's with it. plz help on this
Brandon Hermreck
1031 Farmland for Commercial or Multi-Family
What is the best way to avoid paying Capital Gains when selling farm ground?Is it possible to 1031 exchange farmland for a commercial or multifamily property?The farmland has a home on the property. The land has been ...
Kasia I.
what to do with SDIRA
Hello.Wanted to ask all of you for advice. I have some money in SDIRA that's just sitting there and not doing anything :(.. Its not much, only about 30K. Any advice what to do with it??I've wanted to use it as a down...
Timothy Hillyer
Senior Citizen Owner Occupant Property Tax Exemption and Renting
I cant be the first person to think of this...In my city there is an owner occupant property tax exemption on the first $50,000. For seniors age 65 and older the exemption is on the first $150,000. The standard mil...
Bel Crawford
Neighbor's offer to buy my rental
I own a rental property in Chicago that currently has a lease and the monthly rent covers the mortgage and HOA assessments exactly. The unit is not listed for sale and I owe more on the property than the market value...
Peter Padalino
Residential Purchase Dilemna
So my wife and I are trying to figure out how to solve our residential housing puzzle...We're currently in a $550K house with approx $200K in equity...House is too big and we'd like to downsize to about a $350K home.....
Bryant Funston
Potential First Investment - Northaven, Memphis - 38127
Been lurking for a while on BP and now time for my first post! Hooray for finally taking action.I have a question for the Memphis investors, but first the details:I have come across a potential opportunity on a 4 bed/...