Cyrus Sidhwa
Property Taxes on a Flip?
Let's say an investor buys a property with a HML, fixes it up, and flips it 3 months after the purchase. Does the investor pay a portion of the property taxes? Would you have to pay those taxes when you close on ...
Charles Carillo
Biggest Issues for Foreigners Investing in US Real Estate
What are the biggest issues/problems that international investors are experiencing when trying to invest in US real estate? Is it mortgages, entities, taxes, banking, legal, property management etc.?
Account Closed
Homestead for 21 units MF in Texas
Hi all, I have a 21 units which I am paying a lot of tax due to being in the middle of the city. Would it be possible to stay in one of the units and claim homestead on 21 units property? The property is currently hel...
Tiankhy Hinton
401k question
Has anyone ever tapped into their 401k to begin their career in REI? I currently have a 401k with a little over 100k. The retirement fund is mostly made up of employee contributions, employer contributions and defer...
Stephen Sawrie
financing with SD IRA
not sure if this is the appropriate forum, so I also posted on one other forum. here goes:SD-IRA, checkbook control (LLC). want to purchase multiplex for 290k but finance around 30-40%. I am told that the loan to t...
Sean Kindelin
Owner finance to Private lender
Hello,
I am looking to refinance a commercial property that is currently owner financed. The owner's payoff is around 180k, and wants to minimize capital gains tax. He is interested in reinvesting the money. My quest...
Jose Morales
What type of cash-out refinance loans are available for fully paid homes?
I bought a 110k property in cash last March. It currently rents out to tenants.What’s the earliest I take out the equity and invest again?
Becky Haag
Which Entity to use for Short Term Rentals?
If you have short term rentals which entity are you using? I’ve heard LLC and S Corp? What advantages and disadvantages have you come across for these two entities. Thank you!
Charles Kammer
1st Deal Strategy: Place title in LLC, Trust, or Personal Name?
Hello All, I recently inherited a small home that is held in trust. I am the sole beneficiary and the only trustee. I am almost finished renovating the property, and I would like to rent it out soon. My goal is to mak...
Cameron Ellis
Is a wholesaler a real estate dealer?
I've been looking online getting ready for tax season, and I'm having trouble identifying if I will be taxed under a real estate dealer. I've wholesaled 30+ transactions this year using assignment contract, wholesale-...