Matt Beech
New Investor In Middle Tennessee
Hey guys -
A little about me - Originally from Michigan, lived in south Florida for awhile and I have been in Middle Tennessee for just over 20 years now. I am certainly guilty of falling into the status quo by goin...
Stephen Moore
investing in land
Whats various ways to invest in land or flip it so to speak? ive heard of doing so via tax certs...or should i look up a book to read upon..
Josh Delaney
Commercial Property Cap Rate? Good Deal or Bad?
Im looking at a 24k sqft flex building that I currently rent from. It's a pretty awesome building 2 miles from downtown. Easy access to and from. Parking lot, garage doors, clean etc.
It's rent potential is $1...
Soumya Brijesh
Will lease option raise the property taxes?
,I was analyzing a property(condo with HOA of $150), where I see the county is valuing the property at $39000. The Current Market Value is around $140K. The owner is in distress and wants to get rid of the property...
Account Closed
Are Principal Payments Subject to Income Tax? Asking for a Friend
What's up everyone! A close friend and I just had a discussion regarding the tax treatment of P&I. Whoever is right gets a bottle of Tito's so, no pressure here! While talking up funding strategies, I mentioned to...
Gerald Marshall
LLC vs S-Corp. What are the differences?
I've been a landlord for about 5 years now and use the proceeds as income like most do in the beginning of their REI careers. The question is, whether to initiate a S-Corp or LLC for my passive income. My CPA r...
Kenneth LeBeau
Business Finance Question - Commingle
I'm a newer business owner with a recently set up LLC and I was wondering if I should be more careful about how I pay for things for the business. Sometimes I pay for things directly from one of my personal accounts e...
Davit Gharibyan
1031 Exchange new LLC for new property
Hello, Today I closed on the sale of my apartment building. It was held in LLC "A". The funds will be held by 1031 Exchange intermediary.Do I have to buy the new property under same LLC "A" or can I form a new LLC "B"...
Ron Turner
1031 exchange question
Hello all! Had a question about the use of a 1031 exchange, sorry for the backstory but it may be helpful! Bought a land lot 2 years ago for $50K with the intentions of building a rental property. I've decided to purc...
Javier K Perea
Should new investors have a financial advisor?
Hello,As a soon to be first time landlord, I am curious as I look to build my rental portfolio, would it be helpful to have a finacial advisor on my team to help have a well thought out on paper overall goal. I feel a...