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Results (10,000+)
Angus Brooks Tax Implications for Refinancing a Property in an LLC and Distributing Funds
16 January 2025 | 12 replies
Quote from @Basit Siddiqi: You may want to research the term ' Debt Financed Distribution' Which does have a tax implication for the investors receiving a distribution.So essentially the loan is tax free if kept inside the Llc but not if taken into personal name?  
Mitch Smith What we have learned from flipping homes in the San Diego market.
10 January 2025 | 8 replies
Efficiency Comes from Building the Right TeamOne of the biggest ways we’ve streamlined our business is by bringing everything in-house.
Shelly Moses Happy Tuesday, Bigger Pockets Community!!
17 January 2025 | 3 replies
My name is Shelly, and I’m excited to be part of this forum.
Evan Coopersmith Looking to buy a multifamily property in 2025
14 January 2025 | 19 replies
Your comment does bias me slightly in favor of Indy, since at least we're talking about a manageable car ride.That said, I'd love to know the biggest mistakes you've seen - how do neophytes typically "crash and burn?"
Dallas Theobald Bossier City Project
5 January 2025 | 0 replies
Biggest lesson learned was to keep at it, keep learning, and work with seller and title company to get the deal done.
Jay Hinrichs New laws in Oregon now define who can wholesale and what license is required
9 January 2025 | 46 replies
Quote from @Jay Hinrichs: Oregon finally passed legislation to reel in unlicensed wholesaling its in this months publication from the state RE agency.Highlights:Goes into effect  July 1 2025Requires:On line application to become a licensed wholesaler  ( RE agents exempt from this of course they already have licenses)Name of company and individuals who will be performing these services.Each one needs a full criminal background check and approval prior to receiving the license.300.00 annual fee for the license.Written Disclosures in Bold 10 point.These must be given to Buyer and Sellers prior to entering into a wholesale contract and signed for.Also RE brokers assisting wholesalers need to give these to potential buyers and sellers.
Account Closed "Additional Insured" clause in PM contract
17 January 2025 | 7 replies
Account Closed a PMC has two options to get liability insurance (tenant slip & fall) protection:1) Get added to owner's policy as Additionally Insured (NOT named insured).2) Setup a master commercial policy and add every property they manage to it and then charge those owners the cost of the policy.Otherwise, a PMC CANNOT get liability coverage on a property they have no ownership interest in.So, nothing wrong with their request.
Shiloh Lundahl Sell me on the benefits of Turnkey Properties
5 February 2025 | 29 replies
Roll them all up and the averages are:purchase $154krenovate $47Ksell $232kThese are gross numbers, not including closing costs, borrowing costs, holding costs, licensing and permit costs, G&A, overhead, commissions, forward rate buy-downs, and lease-up fees, to name a few of the many expenses incurred. 
Marembo Alexandre New member introduction
21 January 2025 | 13 replies
What's the company name?
Divya Sosa Tenant lied on rental application regarding criminal history
6 January 2025 | 13 replies
You simply put in their full names.