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All Forum Posts by: Mike Parkins

Mike Parkins has started 2 posts and replied 3 times.

1031 Exchanges

Post: 1031 Exchanges, How do they work?

Mike ParkinsPosted
  • Lake Nebagamon, WI
  • Posts 3
  • Votes 1

I'm familiar with the concept of exchanging a property for one of greater value to delay taxes. But, how exactly does the process work? And who is involved in the exchange?

0 Votes
Tax, SDIRAs & Cost Segregation

Post: Investing With Student Debt: Should I Use an LLC?

Mike ParkinsPosted
  • Lake Nebagamon, WI
  • Posts 3
  • Votes 1

Thank you everyone for the great feedback. I agree that I must get my finances in order. I see real estate as an opportunity to supplement my income and be more self sustainable. Anyway, thanks again. 

1 Vote
Tax, SDIRAs & Cost Segregation

Post: Investing With Student Debt: Should I Use an LLC?

Mike ParkinsPosted
  • Lake Nebagamon, WI
  • Posts 3
  • Votes 1

If I have student debt and poor credit, should I focuse on repairinng my credit before investing in rental properties or can I use an LLC to build a separate line of credit? Or any advice on getting started with debt. Thank you for your time.

0 Votes