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Results (10,000+)
Adrian Phillips Sweet Heart Leases
27 August 2024 | 8 replies
You would need to file an action against the broker who could then bring in the seller, if that's what you wanted to do.
Mike Savage mid life property portfolio evaluation
30 August 2024 | 30 replies
Additionally, this structure eliminates the need for active management, as the real estate assets within the DST are managed by the sponsoring entity.As an investor your level of activity would include collecting monthly distributions, receiving  quarterly reports on investment, file taxes annually and 1031 exchange your investment every 7-10 years (sometimes shorter depending on the market).
Amber Seel How to pull equity out of a paid off property
26 August 2024 | 8 replies
You may have to file with the town to get it rezoned.
Rajagopalarao Paidi Any recommendation on forming out of state LLC or Home State LLC
26 August 2024 | 8 replies
Let's break down the pros and cons of each approach:Forming an LLC in the State Where the Property is Located:Pros:Compliance with Local Laws: Establishing an LLC in the state where the property is situated ensures compliance with local regulations and laws specific to that jurisdiction.Legal Clarity: It provides clear legal jurisdiction and may simplify any legal proceedings related to the property in that state.Perception: Operating with a local LLC may give tenants and local authorities confidence in your commitment to the community.Cons:Additional Costs: Setting up and maintaining an LLC in another state means incurring additional registration fees, taxes, and possibly hiring local legal counsel.Administrative Burden: Managing multiple LLCs across different states adds complexity to your administrative workload, including extra paperwork and compliance requirements.Tax Implications: You may face tax obligations in both the state where the property is located and your home state, potentially leading to double taxation or complexities in tax filings.Managing Through Home State LLC:Pros:Simplified Management: Handling all properties under a single LLC streamlines administrative tasks, reducing paperwork and simplifying tax filings.Cost Savings: Avoiding the need to establish multiple LLCs in different states saves on registration fees, legal expenses, and ongoing maintenance costs.Consistency: Uniformity in management practices and legal structures may contribute to efficiency and ease of operation across your real estate portfolio.Cons:Legal Exposure: Operating out-of-state properties under a home state LLC may expose your personal assets to the laws and liabilities of the other state, potentially diminishing the liability protection the LLC offers.Compliance Challenges: You'll need to ensure your home state LLC meets the legal requirements for conducting business in other states, which could involve additional filings and fees.Perception and Credibility: Some tenants or local stakeholders may prefer dealing with a landlord who has a local presence, which could impact your reputation or relationships in the community.Ultimately, the decision depends on your specific circumstances, risk tolerance, and long-term goals.
James McGovern Why are the number of fees for a loan growing?
26 August 2024 | 11 replies
We also charge an underwriting fee which includes reviewing the entire file, cost for appraisals and credit checks etcYou also can thank your state or federal government for creating additional layers such as licensing for business loans which to me is stupid.
Scott Esmail Want to buy a foreclosure Auction property that has solar panels
25 August 2024 | 8 replies
Is the loan a UCC filing against the panels?
Allen Tracy California CPA Recommendation
23 August 2024 | 54 replies
Hey Mark please PM your CPA looking for one to file my taxes have a great bookkeeper so filing should be easy.
Wai Chan Providing tenant alternate accommodation when i need to fix the house
26 August 2024 | 23 replies
I sorted it out and I filed for an eviction, and she jumped ship a few weeks later.
Carol Angelopoulos Propstream versus PIN5
25 August 2024 | 15 replies
I'm out $1497 currently, but have filed a fraud claim against them to try to get my money back.  
Hardy Davis How to turn equity into cashflow.
27 August 2024 | 10 replies
I don’t think I qualify for the 121 exclusion since it’s been house hacked and I actually made 75% of the house a rental property and filed taxes using deductions and depreciation.