Yong Lai
Do I need to disclose oversea properties to lenders in US
21 November 2021 | 6 replies
If so prepare to get underwriting inquiries.
David Y M.
How to Do Real Estate Partnership without 1065
1 December 2021 | 3 replies
., (1964) 42 TC 1067.The Supreme Court has explained that the distinction between co-owners of property and partners depends on whether they intend to and, in fact, join together for the present conduct of an undertaking or enterprise-The following factors are often cited as evidence of this intent:The agreement of the parties and their conduct in executing its terms;The contributions, if any, that each party makes to the venture;Control over income and capital and the right of each party to make withdrawals;Whether the parties are co-proprietors who share in net profits and have an obligation to share losses;Whether business was conducted in the joint names of the parties;Whether the parties held themselves out as joint venturers; andWhether separate books of account were maintained for the venture.The court held that the co-ownership arrangement constituted a partnership for federal tax purposes.
Jason Lin
FHA Loan + Cashout Refinance
18 November 2021 | 5 replies
I understand and am already mentally prepared that this wouldn't be easy especially living in California.
Benjamin Richards
Looking for real estate tax strategist
18 November 2021 | 1 reply
I really don't want someone to prepare my taxes, it's fairly easy and automated, what I want is someone who can advise on strategy for minimizing my tax liability.
Gabe Goudreau
Understanding Building Code
19 November 2021 | 1 reply
Hello BP Community, I am planning on obtaining my residential builder's license over the winter, so I can leverage that skill and license in real estate projects and eventually venture into the development business.
Jacob Beg
How to get rid of a neglected swimming pool?
1 December 2021 | 22 replies
I plan to get some quotes, and have been prepared to pay no more than 10k for removal.
Taylor Celestin
BRAND New to REI: Short-Term Rental Advice Starting Out?
26 November 2021 | 12 replies
Sounds like you're looking to venture into my area!
Karine Arditi
Clarksville TN (or surrounding areas) advice/experience
21 November 2021 | 5 replies
There are always deals in every market, but it you have to adjust and be prepared to dig in and work hard to find them.
Jasmine Russell
Looking for options/ideas to fund my first flip
8 December 2021 | 7 replies
Your best option is to find a partner to joint venture with.
John Dunbar
Seller Finance Preparation and Strategy
20 November 2021 | 3 replies
Looking for some advice prior to meeting with a seller about purchasing his mobile home park which also includes 2 duplexes. Room for increased rent and additional lots available. All the signs line up that this can b...