Jason Polen
Buying an Assisted Living Facility- WA State (Seeking Assistance)
Hello BP Community,
First-time post.
I'm under contract for a vacant assisted living facility (ALF)/ skilled nursing facility (SNF) in SW WA state. It was state-certified for skilled nursing and memory care for 36 c...
Dave Birck
Investing with 401k Monies
I'm looking to find someone who is using their 401k fund to invest in real estate. I've read about having to keep the money at arms length (3rd party) and not being able to actively manage properties. Particularly int...
Cary P.
1031 Xchg: What if we cannot execute? (Depreciation Recapture)
Hey guys, as we all know, this is a crazy real estate market right now. My husband and I are selling a multi-unit and we are trying to figure out what happens if we cannot execute on an exchange.. Is my math right?...
Michell Chase
Alot on information on offsetting W-2 income but not much on 1099-R income...
I am currently drinking from a fire house on everything investment real estate. Closing on my first investment duplex this week and looking for my 2nd. I hear a lot about ways to 'off set' your W-2 income etc.. I...
Nathan Goff
Student housing - Large multifamily/hotel
Myself and a few partners are interested in buying an old hotel that is near a fairly large school. There is currently limited student housing in the area.1. How to coordinate with the schools? Or is this not a thing...
Joseph Matsushima
Have Our Host Rate Your Plan!!
Hello! We're the BiggerPockets Media! Are you looking for feedback on a strategy you're currently exploring (or currently investing in)? Are you looking for an opinion from an expert investor like David Greene, James ...
Arin Adella
Connecting with other investors
Hi all!My name is Arin and I am excited to getting into Fixing & Flipping here in Charlotte! I am super interested in connecting with other investors in the area during this booming time in Charlotte.
Kevin Bain
Taxes on simple assignment deal?
I always feel a bit awkward when asking a question because it makes me feel lazy for some reason lol. When you do an assignment wholesale deal how are you taxed? I do not currently have an LLC. I don't if I could h...
Ben C.
S-Corp or LLC for flips?
Hello,
What are all my flippers out there using as their entity for flips? S-Corp or an LLC?
Can you list the pro and cons of each for this specific application (flipping)?
I have heard S-Corp you can potentially ...
Daniel Patton
LLC questions
So I am currently set up as a sole member LLC (officially as of today) but have not yet filed the 8832 or 2553. My question is, does anyone have their LLC set up so that the only member is actually their living trust?...