Mary Jay
Does LLC avoids probate?
Hey guys, does anyone know, if 2 or 3 members are in an LLC and one member of an LLC passes away. Lets say there is a house in the LLC.How does it all work out then? Do the remaining members have to go through probate...
Chris Springer
Avoid double transfer tax?
I am trying to get to the bottom of this... Have not found a solution on the forums. I want to avoid double transfer tax in PA for a wholesale deal. I was told by a title company that I can use a novation agreement at...
Victor Eng
Avoiding a roof replacement
Hello BP community,I'm looking to avoid having to replace a roof. It's probably about 20 years old, asphalt three tab shingle, black (gray now due to the wear and tear). No leaks, no damage from plywood on the undersi...
Toby Copeland
Avoiding Property Tax Reassessment
Hello All,This is my first post and it’s a doozy. My Father in law purchased his home back in the 80’s. It’s in California and the tax basis is quite low. The home is owned in a Trust and his 4 children are the ...
Tyrus Hampton
Avoiding Legal Battles🛡
Hey, I want to know what are ways to avoid legal battles. what do you all suggest? Once I have the property under an LLC and have it completely separated from my personal finances, I want to know what you all suggest,...
Hiroe H.
Avoiding FIRPTA with 1031
Hi! I am trying to do 1031 exchange. The house which we're trying to sell has 2 owners, a foreigner and an US citizen.
1) Does FIRPTA 15% withholding apply to us? or it's not required since the US citizen can file ...
Bradley Jernigan
Multifamily properties to avoid
I love value-add deals but there are still some multifamily properties all investors should avoid. Multifamily properties with significant structural issues, poor location, high crime rates, and properties in areas wi...
Brian Ellis
Avoiding Capital gains tax
Hello friends,
What are the rules to avoiding capital gains tax?
I believe it’s a minimum of living in a primary residence for two years. But what about turning it into a rental after the 2 years?
My first house I ...
Al Haungatau
Avoiding high crime areas
I was thinking of staying away from "war zone" neighborhoods, what do yall think?
Keith Meyer
Avoid Property Tax Reassessment
I'm looking for way to avoid triggering a property tax reassessment upon a potential purchase of a Multifamily property. The property was last assessed in 2016, and is still taxed at far below market value. This speci...