All Forum Posts by: Michael Puwal

What does one do with the profits from the real estate business every year to defer the taxes for ever?

Can someone explain something about the buy, borrow, die concept of avoiding income taxes?  I understand that you don't pay taxes on borrowed money.   What do you do with the profits from the company to avoid income taxes.

 What is  TIC ownership?

Hello.  I am thinking about selling my portfolio of single family homes.  Can I 1031 that money into a syndication deal and defer taxes?

Any recommendations for an insurance company that does portfolio insurance policies in Michigan and Tennessee?

Hello. I am looking for a building such as the one you mentioned in this area. Contact me to discuss?

Hello Michael Dundon.  Message me when you can.  I am trying to message you.  I do not think it is working.

Ferndale area.

Does anyone know of a portfolio lender in Michigan?  I need to refi a few properties.

I am working on a new deal for a buy and hold.  The estimated cap rate is 9.7%.  Using the 1% rule it comes in at .96%.  The cash on cash return is 22%.  Its an owner financed deal which is the only thing getting my attention.  The house is a zero lot line ( half a duplex).  The entire street is all duplexes so I do not see big appreciation growth in the near future or rent rates going up much.  I just wanted to get other investor opinions on this deal.  Any thoughts??