Martin Dillender
Starting to invest in RE in a different state. Where to form LLC
Hi all,Not sure if correct forum but my question is this, I currently live in PA and plan on working my current job for about 5-6 more years. I've got 1 property (inherited) in Missouri being rented and want to inves...
Jeff Wheater
Cost Segregation Study
Was wondering if anyone has done a cost segregation study on a SFH for tax purposes and bonus depreciation in Kansas City Missouri
Anthony Favoroso
Tax Delinquent Land List Sorting Information. Help!
Hey BP community,Have a question for all you guys that have experience in Land flipping with getting the tax delinquent land lists. I emailed 30+ county treasurers and obtained some lists for free. My problem is the b...
Fred Moadab
Trying to figure out best options
My wife and I have been living in our current house for the past 23 years which is fully paid for. We bought it in 93 for $300K with the taxes of $8K and now the taxes are almost $20K and the house is worth about $1M,...
Bryan Caprioli
How many checking accounts do you have?
Checking accounts...do you have a separate checking account for each property/LLC or 1 main account that all of the properties run through? This is a question for everyone that manages their own properties, as well as...
Char Bacheh
didnt take a wage from my s-corp
i opened my corp in July and wasn't able to take a wage as the corp made like 6-8k can i just take a distribution, what would you recommend i do?
Brock Carroll
RE Attorney Question/Help
Looking for some input here - I recently purchased my first two deals, one is a 4 plex I put on a traditional mortgage and the other being a SFH I bought with cash and flipped. I used a RE attorney to help put togethe...
P. Kaye M.
Will I qualify for a 1031 exchange?
I have a SFR that I had rented from 2017-2020. It was rented for 3 1/2 years so I missed the opportunity to sell as my primary home. I haven’t had any rental income from it since 2021. I bought it sole owner in 2005 a...
Donnell Durden
Reverse Mortgage need advice
Hello BP
My grand mother passed about 3 years ago. She had a reverse mortgage. Her son/my uncle whom was living with my grand mother when she passed in appointed the estate has been living there rent free and hasn't ...
James Palassis
Should I Renovate My Rental Before Making It My Primary?
My wife and I are about 3 years out from retirement. Both kids will be out of the house and we are looking to downsize. We have identified one of our rental properties to be our primary residence when we do this. We h...