Harry Tommas
Best Structure For Tax Purposes?
Hey all,
First post on BP and I'm a relative new comer to RE investing so be gentle. Here's my current setup:
-a long held rental property (condo) in my name with a loan in my wife and my name jointly.
-a recently a...
Sam Dal
Landlord holding back security deposit
FolksMy landlord held back $100 from my deposit claiming $25 check return fee since the first check got lost in the mail (don't believe they even sent it) and didn't give me a reason for the differenceMoreover, I real...
Jim Tiernan
Listsource questions
I want to target non-owner occupied free and clear properties.
To get free and clear properties I need the filter "equity = 100%"?
Why exclude "corporate-owned properties"? I would think many non-owner ...
Dominique Stevens
Wholesaling not allowed in California?
Good Morning!
I am a newbie investor and new to the Bigger Pockets community. What a wonderful site!
I have a real estate license and have been in real estate finance for several years, helping others t...
Chris Sharp
Partnership Question Regarding Real Estate
Hello everyone,I am trying to partner with my father -n- law on a real estate investment but its kinda of a mess. Currently my father n law owns the building and has $125,000 worth of debt remaining on his loan. We re...
Nicole A.
Estate planning - How did you set up yours?
Hey folks! My partner and I are in the middle of estate planning. To note, we do have an attorney selected, but I'd love to hear what others on this site have done in their own estate planning. It definitely has a lot...
Mike Schorah
What’s illegal to show an end buyer when assigning a contract?
I’ve heard some wholesalers doing the following:
- Submitting a comprehensive list of interior pictures, exterior pictures- Submitting pictures of all the things wrong, that needs fixing, or updating, with a descrip...
Dan Bryskin
Why don i like flips, please chime in
Death & taxes .... Don do flips. Waste of time & money. Why would you want to work hard to pay ordinary Federal & state taxes, self employment, medicare and what not? Why to give 50+ percent of your profi...
Tim J.
Feedback on LLC creation in WY
I am looking to create an entity in WY - after listening to some podcasts about LLC formation. My existing properties are held in LLCs formed in the same sate as the property, or they are held in my name and partners...
Account Closed
Some people hold title the wrong way
Hello BP. Thought this one was a tough one that only a CPA could figure out and a good learning lesson on how to take title. What will he/mom be taxed if they sell? Can taxes be avoided? Had someone come into my open...