I have been investing in Rental property for over 25 years and have been interested in forming a corporation to limit my liability, but my wife has always been negative on the cost of creating a corporation and a f...
Anybody looked at these NNN deals? National credit tenant, 20 yr leases, 1.5% annual rent increases, 6 additional 5-yr extension options, blended cap rates over the 20 yrs in the 7.5 range. I understand that lenders...
What is your strategy for your business vehicle?
I have an LLC for my rentals and a S-Corp for my flips. My wife and I work full time across both. Currently we deduct the std mileage. Now are cars are gett...
Hey guys,I've had a NY & TX real estate license for a few years. I live in TX, but I'd like to use my NY license as well; I'm just not entirely sure how to without flying back and forth every month.If you're an ag...
Hello,
My brothers and I would like to start investing in Real Estate and would like some input on how to go about LLC/banking with them. I do have my own LLC and was wondering if it would be better to create a new ...
Hello BP!Wanted to get some feedback or ideas from past experience from people who have done an FHA first time home buyer loan to purchase a residential multi family (looking into triplexes and quad's). I'm experience...
Hey BP!I am a new investor looking for some tips on how to grow my real estate investing as quickly as possible. I am in the process of closing on a duplex (which is delayed due to the seller having a lien on the prop...
I hear time and time again how important referrals are to a successful wholesalers business. But who are you reaching out to to find your BEST referrals? Bankruptcy attorney? Local cable guy? Tax assessor? RE agent? P...
I've been working with a GC on several different rehabs (BRRRR's and 1 flip), and he's done an awesome job. He's got a crew of highly skilled guys and also has a network of subcontractors and he just gets stuff done ...
Hi
Hope someone can enlighten me on the following:
1) tax rate on individual vs LLC
2) is there a state and federal tax component?
3) estate tax planning for non resident.
4) Depreciation for old house. What's the t...