I'm just starting out and would be incredibly appreciative of feedback on something I am a tad confused about. I have a primary residence with a fully paid off mortgage (I am very grateful for this but at the same tim...
I a seeking advice on getting my property out of an S Corp and into a regular LLC without triggering a taxable event. We do not have any basis in the S corp with which to take distributions.
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $178,000
Cash invested: $2,500
This is a 2 story duplex. I am currently using it as my primary residence and...
Hello Biggerpockets Community. I am at the tail end of financing a duplex, but there are no comparables. I have already had one appraiser accept the assignment and then back out 2 weeks later. A new appraiser has been...
So my wife and I own one townhouse rental property in Clayton NC and have about 200k-225k in equity. We have only had one family rent it and they have just signed for another 2 yrs ( once that lease ends they will hav...
Hi Everyone! New investor here excited to get involved in the community and start finding great deals! As a newbie, one of my challenges is determining the value I'm bringing to the table as I know the best way to get...
I want to put a 40ft x 40ft addition onto a property in Flagstaff, Arizona (zip 86001). I have fixed/flippped/built additions for seven properties, and have either done or been involved with nearly all trades. I am ...
Hello,I am currently reading "The ABCs of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss" by Ken McElroy. I am completely new to real estate investing (this is my first post actually)...
My boyfriend and I are looking into buying our first property. We want to get a two-family house and househack and eventually have that property as an investment property in the future. We don’t have a lot of money sa...
Does anyone know if mobile homes on leased land (no parcel) and
seller-financed would be eligible for installment method reporting since
they are (i) personal not real property, (ii) the notes cannot be
consider...