Jared Appel
New to Chicago and Real Estate, Lets Go!
19 November 2024 | 20 replies
@Jared Appel welcome and any resource you need this group is here to help!
Andrew McManamon
Investing in Bitcoins
9 December 2024 | 98 replies
this is a huge discussion in general and i for one like the idea of it but with limited resources now, id rather invest in real estate until i get some more income to move to bitcoin investing.
Caleigh McDonough
House Hacking My First Property that Doesn't Cash Flow
27 November 2024 | 16 replies
Is there a resource you can share?
Brian Felczak
Real Estate Advise and Education
19 November 2024 | 2 replies
A handy search bar in the upper right makes it easy to find previous discussions, blogs, podcasts, and other resources.
Patrick Flanagan
1st time 1031 exchanging
21 November 2024 | 3 replies
@Dave Foster is a great resource for everything 1031 exchange.
Al Gordon
Hello - New to BiggerPockets Pro
19 November 2024 | 6 replies
If you have any recommendations or resources that could help me, I would greatly appreciate your insights!
Emily Poerio
Bank Accounts / Cash Flow / CC - best operational structure flow of funds
15 November 2024 | 7 replies
Changes some of my answer below, but here would be most of the types of transactions you would have in these accounts and between them.Property transactions would be: all property specific rents and expenses, allocated expense transfer to the master LLC and transfers to master LLC bank account for profit AND/OR property management fee.Master LLC transactions would be: Shared expenses going out, reimbursements/transfers from properties for their allocated share of those expenses coming in, the transfers from your properties deemed as profit AND/OR property management fee and then transfers to your personal accounts deemed as owner distributions.Other transfers that could occur is if the master LLC needs to transfer to the properties for capital expenditures above and beyond the reserves you might leave in their accounts.
Abigail King
Hello All Lets Connect
20 November 2024 | 8 replies
Your drive to learn and network will be invaluable as you explore creative strategies that maximize returns and minimize upfront costs.Feel free to reach out, ask questions, and share experiences this community is a great resource for learning and connecting with like-minded investors.
Lisa Mallory
Asheville STR gone - advice?
22 November 2024 | 12 replies
It will easily be your most trusted resource with your specific case.2) Fema will not cover anything business-related I was told multiple times.
Melanie Baldridge
What is recapture?
14 November 2024 | 10 replies
As long as the aggregate net purchases are at least as much as your net sale you'll still defer all tax.The other consideration is that you can allocate your net proceeds in any way you want on those multiple purchases.