Cosmas Paulosi
Starting Out as a Foreign Investor- from Harare, Zimbabwe
6 May 2024 | 7 replies
DM me and I will send you contacts for; attorneys, lenders, and accountants they have previously used.
Henry Lazerow
Browsing reddits realestateinvesting sub makes you appreciate BiggerPockets
7 May 2024 | 4 replies
I review the subreddit inconsistently as well, but find myself frustrated with the lack of identity due to anonymous accounts.
Christian Weber
Primary residence to LLC (and yes I did a search :) Florida
6 May 2024 | 12 replies
There will be no capital gain due so no exclusion.If you really want to capture the section 121 exclusion while keeping control of the property you can sell it to an S Corp, but then you won’t get all the real estate tax benefit of passive income.
Carlos Oliva
General Contractor Recommendation
6 May 2024 | 6 replies
From all accounts, he's building a great GC Business.
Brian Malavsky
Filling in Vacancies with STR Guests
8 May 2024 | 13 replies
Hi @Brian MalavskyFor us in Columbus, squeezing in STR guests between MTR tenants can be profitable for reducing vacancies and increasing rental income, especially with platforms like Airbnb or VRBO.
Andrew Reis
Using 0% Interest CC's for Rehab Work
7 May 2024 | 24 replies
I know most wont do that but rental income to me is not going to move the needle when your main income is real estate fee's and building homes etc hard to get excited about 200 a month :)
Seo Hui Han
70% equity and 30% debt. Should 1031 into similar?
8 May 2024 | 7 replies
@Seo Hui Han,You certainly can 1031 exchange from your current commercial into a multifamily; no technical issues there.To speak generally, multifamily properties tend to have more stable cash flow but lower income potentials than commercial.
Yousuf Kaleem
In CA, where are you guys investing?!
7 May 2024 | 4 replies
Lower cost of entry, landlord friendly, low property taxes, no state income tax and only a few hours from NorCal.
Wes Holmes
Hard Money Collatoral
7 May 2024 | 9 replies
We like to see at least 10% of the loan amount in a checking or savings account.
Theresa McGallicher
Short Term Rental Tax Question - Schedule C versus Schedule E
5 May 2024 | 17 replies
You want an accountant who can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.Good luck in your search.