Hello Everyone,I am about to close on a 1 bedroom condominium and I got a letter from the seller saying that a company wants to De-Convert the building (consisting of multiple condos) into an apartment.

@Kevin Danikowski curious what advantages would be associated with a “de-conversion” rather just keeping the units.Also curious how controlling the vote would allow you to convert the entire product to a single parcel multi family.

So no.ABSOLUTELY not.Do not tell people on BP to spend their money on SEO services that will end up with you being de-indexed by Google.So, you are WELCOME to use these clowns for SEO... but please don't tell others they are good!

If I create a disregarded LLC in DE or WY and use it to hold the property, would my rental income be taxed while being funneled toward me? 

Hope this helps.Email/contact me if you need personal information for below.All lenders below unless noted otherwise are familiar with back to back closings and can close them on a case by case basis.CT, DE, NC, NJ, NY, PA, TN FHA, Conventional, Jumbo, 203(k), (needs to check if can do veterans loans) Deanne Katsaros Green Tree Mortgage LP My B investors have closed about 8 transactions with Deanne with our transactional funding involved.NJ, PA FHA Robert Tronolone Home Capital NetworkHave spoken with him but have not consummated a deal yet.

I am interested in Delaware and Maryland for investment properties.2. 💫 What your goals are with joining BiggerPockets (e.g. buy my first house hack)I want to learn more, network more and generally be a part of a good investment group, which is why I am here.

This is great, but it also de-motivates you to always be looking and putting offers when you are in the season of saving.

Improvements would generally have to be depreciated, except improvements under $2,500 can be expensed in the current year if you make the "de minimis election" on the return.

Considering real estate investments in Delaware and New Jersey, which state is more favorable for creating an LLC, and why?

Hello Charles,I am from De Forest and I just signed up here.