Could you hold a 2, 3 or 4-plex in an LLC, live in one and still sell the entire building as a personal property sale after 24 months (no cap gains tax)?

Also, since you rely on this income, you likely aren't prepared to weather VERY negative situations such that they could have a significant personal impact on your own personal financial situation. 3.

Hello, BiggerPockets! I just wanted to formally introduce myself. My name is Stephen Seals. While I have lurked around BiggerPockets for several years, I plan to get involved in the community here and hopefully giv...

Does your state allow private lending for your personal benefit without a license?

Quote from @James Cavanagh: looking to connect with the community contractors across United States that deal with fixing flips and realtors to areas, Texas and OhioHi James, I personally love Columbus Ohio and as someone who works with a lot of out of state investors - there's so many catalysts for why you should invest here.

I would personally use the money for exterior repairs and see what they say/do.

What I’ve shared is based on research and data collected so would love to know what you’re seeing personally and how it could differ!

If there are places where wood is splintering such that a person walking in socks can get injured I would address that.

Find better ways to get leads.Me personally...

Mortgage reporting for tax purposes: make sure the owner understands that you will report the payments and that they need to issue a 1098