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All Forum Posts by: Kathy Reyes

Kathy Reyes has started 4 posts and replied 5 times.

Does anyone have info on setting up an LLC out of Wyoming or Delaware to maintain anonymity? I live in Illinois and would like any advice on this topic and recommendations of attorneys you may have used to successfully do this. Thank you.

Post: Vending machine investing

Kathy ReyesPosted
  • Posts 6
  • Votes 2

I was wondering if anyone has experience investing in vending machines? I want to get started in real estate but do not have the money to get started. I figured vending machines is a good way to start out small.

Any advice or knowledge how to get started in this is appreciated! 

I am putting my townhouse on the market in 2 weeks. My property is 2200 square feet (not including the basement). My property was estimated to be worth approximately $265K.

The unit next to mine, just went contingent at $217K. This unit was listed at 2300 square feet. If you look at the specs of this unit, it is actually 1600 square feet. However, they seem to have included the square footage of the basement in their overall square footage which should not be allowed as far as I know. This is not a walkout basement.

Does anyone have advice on what I can do? This will greatly devalue the worth of my property. Would anyone agree that I should have my real estate agent contact the real estate agent if this unit? Any advice is greatly appreciated!

Just wondering if anyone knows if you can use the profit from flipping houses to pay off student loans without getting a tax penalty?