by Slamdot Hostmaster | Apr 28, 2019 | Flipping, Florida, Georgia, Hard Money, Home Improvements, Home Upgrades, Investment, Investment Properties, Investments, Lawyers, Rehab Loans
If you’re living in a house you intend to flip, do you know how much insurance you should have as a homeowner? Obviously, you will need enough homeowners insurance to replace the home if it were destroyed in a fire or a hurricane, but what else do you need? Make...
by Slamdot Hostmaster | Aug 13, 2018 | Business, Investing, Investment, Investment Properties, Investments, Lawyers, Real Estate, Taxes
If you live in a state that is a bit unfriendly to small businesses, you might have considered just forming your LLC in a state that isn’t. Investors do this frequently. Here’s the thing though: If you intend to form your LLC in a state that is more...
by Slamdot Hostmaster | Jul 8, 2018 | Investing, Investment, Investment Properties, Lawyers, Taxes
Real estate investors can use IRC Section 1031 to postpone paying tax on the gain if they reinvest the proceeds in a similar property. This doesn’t mean that it’s tax-free, but it does postpone the tax. Plus, they can defer indefinitely if they’re...
by Slamdot Hostmaster | Nov 6, 2015 | Hard Money, Investment, Lawyers, Real Estate
The jury is still out, so to speak, on whether you should hire a lawyer to buy an investment property or you can work the deal between you and your real estate agent. If you ask a dozen different real estate investors, you’ll probably get a dozen different answers....