Good morning BP nation,I have just become aware of the Series LLC, which appears to afford much better asset protection than a standard LLC due to the ability to essentially nest entities within each other. Based off ...
I just read this article about NPNs:https://papersourceuniversity.com/the-dirty-little...Some of you may already be familiar with this article, but it's something that has always bothered me. One school of thought is,...
I was wondering if someone could shed some light on this topic for me.
Ive noticed that someone has put a property in the name of a trustee during the course of a bankruptcy. The owner name is titled "(Truste...
Have a house closing under a single member LLC selling for $145,500. We will be doing a 1031 exchange and then taking those proceeds and applying them to a vacation rental cabin investment of $264,000. We are gettin...
Hello!I have a couple questions regarding my LLC and how I should be filing my taxes this year, and in the future. I am a Realtor in Florida and set up my LLC in March for my sales commissions. At the time, I was th...
Exploring to participate in real estate multifamily deal as a Passive Co-GP. Co-GP who would not have any voting rights or management decision authority. The Co-GP will only bring in capital to participate. Should th...
I have a friend going through a divorce house is being foreclosed . Is there an opportunity for me to try and buy from the bank before it hits at a deep discount for a flip?
Hello Everyone,
I really need some of your professional advice. There is a property I am looking at which is a SFH 3bdrm/2ba about 1750sq. This is a HUD owned property. The asking price is 87k. I have looked at some ...
I ran across this article this evening when I was researching some other tax matters:
Who says you can't depreciate land?
The basic procedure seems to be:
1. Split the improvements from the l...
Hello
The house that i bought a few weeks ago is almost ready for rent.I decided to accept section 8 tenants i just don't understand one thing please advice
Let's say i want to rent it out for $800 per month.Wh...