21 July 2014 | 6 replies
I am looking forward to meeting successful established investors and building relationships and partnerships.
10 May 2014 | 3 replies
If it is not considered to be a disregarded entity, then you should wait the 24 month period that your tax advisor has recommended.I'm guessing that you do not live in a community property state, which means that an LLC with a husband and wife as the sole members will likely be classified as a two person LLC (as opposed to a community property state where you would be classified as a single member LLC) and therefore a partnership for income tax reporting purposes (not a disregarded entity).This creates the need for you to establish the 24 month holding period to demonstrate that the two of you have the intent to hold the property for rental/investment purposes.
10 March 2014 | 78 replies
This expansion of the BP search function is going to help you connect with more local investors and see who is working in your local area.
30 November 2016 | 24 replies
As with many hot markets, good deals tend to go quickly so it's best to have a financing partnership/plan in place ahead of time.
16 December 2017 | 58 replies
I also don't have to manage the property whereas the Denver properties I would likely do it myself.If I understand the IRR function correctly, the calculations are based on assumed appreciation of property over time and the longer you hold the property the more appreciation the property gains - which makes sense.
31 March 2019 | 12 replies
Hi @Mark Byrge,Will Easy Storage Solutions retrofit an existing, manually managed facility for automated functionality?
17 February 2018 | 10 replies
If you are gonna pay a tax; a capital gains tax is one of the best taxes to pay(However, I do agree paying no tax is better).Capital gains tax rates are 0%, 15% or 20% depending on what tax bracket your in.You may also be subject to an additional net investment income tax of 3.8%.Unfortunately, I do not believe syndicate investments are able to do 1031(like kind) exchanges.Syndicate investments are normally held within some type of vehicle(LP, LLC) and the IRS does not allow you to exchange partnership interests.
21 August 2019 | 19 replies
The money once withdrawn from the tda has no limitations of function.
21 July 2015 | 28 replies
You can do great things, and what I learned from BP that is great is that of Partnerships!
10 May 2024 | 43 replies
If it is a good deal then the right person will be willing to look at some private money options or even look to structure a partnership where they bring in the capital and lend-ability and you manage the deal for them.