Hi all - I'm looking to do a cost segregation study on a 4-plex and maybe duplex that I own in St. Paul, MN in the next month or two. Does anyone have any leads on professionals or services in the St. Paul area to h...
In a perfect world I would be able to deduct my real estate losses against my very high W2 income. However, achieving "Real Estate Professional" status is not something I will be able to do in the near future.It has a...
Anybody know how much tax money to hold back for profits made from wholesaling in Missouri. Not looking for specifics just a general rule of thumb.
We have acquired one rental and transferred it to an LLC. We plan to scale up and add another property to our portfolio. What is the best way to hold this property in MI? We are thinking of creating a separate LLC to ...
With the market seeming to top out at this time, I'm looking for exit strategies from under my mortgage that do not necessarily include selling outright
Hi all,I am starting my real estate investment journey and am trying to understand the impact of tax deductions. Based on my calculations my first rental property will not be profitable from a tax standpoint after all...
Hi BP community!I'm having a hard time finding banks or credit unions that offer a HELOC for a 4-unit property located in Philadelphia. I'm currently living in the property so it would be considered owner occupied.Has...
If I have a binding contract on a property am I legally allowed to advertise the property on websites, social networks, etc... ? Any input is appreciated.
Thank you,
Rob Z
Hello all. Looking for some advice as I did not find an answer to my specific situation. My parents are wanting to transfer their paid-off home into an LLC owned by their 4 adult children, me included. This was a h...
Hello BP COMMUNITY! I would like suggestions on books, posts, material, etc. That I can read to understand how I can make the realized income of my wife and I less. We currently have a new mortgage and are going to be...