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Results (10,000+)
Dave Hart BP referral for Tax services - beware
5 October 2024 | 17 replies
So this is a tricky thing.Accountant's / CPA / Professionals who get paid based on their knowledge and time normally do provide a 'free consulting' call to have a chat with them.However, please be mindful that the 'free consulting' most firms offer is very high level and moreso to see if you both would be a good fit for eachother.Sometimes, these calls are done by the owner(if its a smaller firm) or business development  professionals if the firm is larger.1800-Accountants is a large firm so you are likely first vetted by a non accountant whose main job is to get the sale.Best of luck.
Sergio P Ramos Can a seller legally avoid closing on a deal?
7 October 2024 | 16 replies
Consult with an attorney in your state. 
Peter ODougherty Buying a grandparents home to flip?
7 October 2024 | 9 replies
It’s advisable to consult with an estate attorney or tax advisor to understand the specific implications for your family’s situation.Getting a Mortgage for the Flip: Yes, the mortgage process for a flip would generally be similar to purchasing any property on the open market.
Daisy Hawkins Do I run the risk of exposing my anonymity by transferring from personal name to LLC?
8 October 2024 | 36 replies
Working with a title company and consulting a real estate attorney can help minimize exposure.
Jon Kim Real Estate Investing With Friends
6 October 2024 | 12 replies
Forecast every possibility that could go wrong....I'd consult with a very good attorney and an accountant who specializes in real estate investment as they normally have seen every scenario possible. 
Michael Chalke Raising rent on a section 8 tenant in Passaic County, NJ
7 October 2024 | 19 replies
It would be wise to consult an attorney.
Tanya Maslach Advice on deal in Denver
6 October 2024 | 5 replies
Verify these numbers by researching comparable rentals in the area or consulting with a local property management company.Additional considerationsContingency Funds It's wise to have reserves for unexpected expenses during the rehab process or unforseen vacancies.Market Conditions Keep an eye on the Denver market trends.
Melanie Baldridge What happens to your RE portfolio when you pass away?
4 October 2024 | 5 replies
As always, tax laws in the US are subject to change so it's always best to consult with a tax pro or estate planner for the most current and personalized advice.
Rob Block Grocapitus - experience with syndications that have exited
4 October 2024 | 15 replies
I have seen more than a few syndicators underwrite real estate taxes to 80% of purchase price, which this equates to, presumably based on a tax consultants recommendation.Put simply: when the parties disclose the value of the real estate being transferred, they put own 80% of actual purchase price, with the remaining 20% likely going to goodwill or other intangible assets.
Brent Salazar STR Insurance & Holding Title
4 October 2024 | 8 replies
It offers more protection overall.I will say that I am not an attorney so I would consult with a real estate attorney who is also an investor.Check out this BP blog by @Scott Smith - https://www.biggerpockets.com/...Lots of info about series LLCs.