Carl Fredrickson
Contribution to net worth
If you have shares in a publicly traded company, their contribution to your net worth calculation is the number of shares you hold times the price per share. If you have a house, it’s contribution to your net worth ca...
Ami Son
Investor seeking creative ways to fund next acquisitions
Hi everyone!Im a newish veteran investor in San Diego. My boyfriend and I currently have a condo that we live in and two 4plexs that we purchased within last 2 years that are projected to cashflow total $6K when the l...
James Marshall
Challenges Purchasing Property with an LLC Holding Titles?
Hello - Has anybody recently encountered a challenge to find traditional lenders who will permit you to purchase an investment property through an LLC without steep premiums? In this situation, the mortgage is based o...
Deepti Mandava
Self directed IRA for RE + mortgage loans
Hi - I recently started exploring the possibility of using my consolidated retirement funds from other companies to use for RE investing and have read about self directed IRA. Anyone done this ? I am looking for a nic...
Amaya T.
How can I separate myself from LLC yet still purchase w my money?
Newbie question. Forgive me if already posted. I'm looking to start investing but am a bit confused about asset protection via LLC yet using my own funds and credit to purchase a property. My plan is to follow the BRR...
Account Closed
Inherited home - rent back to one of the heirs
My wife and brother-in-law recently inherited their parents house in IL. They are 50/50 beneficiaries of the Trust that the home transferred to upon their mother's passing.
BIL want's to move into the house, but do...
Jerry Alvey
Filing tax return in state you have p
If I have an LLC in another state do I have to file a tax return for that state and the state the property is located?
Sal Flores
Tax declaration advice
Hi,This is my first time doing Taxes declaration with a rental property and own a primary home I purchased both last year.I am looking for an advice how to proceed.I have done some taxes in the past by my own with no ...
Nancy Navarro
Deadline for SCORP Filing Status?
I need to change my tax filing status from an LLC to SCORP. What date is the deadline to do that in December? Someone mentioned it’s sometime in December for the 2019 tax year. Thanks
Brian Walters
Real estate with W2
Hello everyone,My wife and I are going to be starting new jobs. We are in our 20's and we will both be W2. We will be very far into the 39.6% federal level. We were interested in real estate investing to help offset t...