I'm looking to put a mortgaged property into an LLC via quit claim deed, I'd also like to form one to be invested in by a SDIRA.Does anyone have any recommendations?
We have a property overseas that has sold and we'll be heading over next month to wrap things up. We will be wiring the money back to the US, and plan to use it for future REIs.
I'm wondering if there are any ways to...
Hi BP, I've been flipping houses in Philly for nearly two years and I am coming up on my first year that I need to pay taxes on my gains. I recently met with my CPA to go through some of the best strategies to minimiz...
Hi BP, I'm considering selling off my small portfolio of 3 SFH's and moving the money into either a Delaware Statutory Trust via a 1031 or just selling and paying the tax and then reinvesting the money in a syndicatio...
I keep hearing rumblings about a payroll tax holiday being put in place temporarily to stimulate the economy. This is one of the best programs I have heard about. Does anyone know if this idea has legs?
I have a self-directed IRA. I collect interest on loans made out of that account. Does the custodian or I have the requirement to send a 1098 to the borrower? I should at least keep track of that and let the borrower ...
Question #1: Upon the purchase of an investment property that you will be rehabbing, its understood that property taxes are to paid. But at what point? At closing? I'm also told that property taxes are a holding cost,...
In 2016 my parents loaned me the down payment for a rental property ($150k toward a $600k duplex in a midsize East Coast city). There were no formal terms or expectations - it was just "here's the money, don't be dumb...
New Texas Excess Proceeds law introduced - What is your take on this ?How do you think this will affect previous owners and investors that their primary investing strategy is helping previous owner collect the excess ...
Thanks in advance for everyone's input and time. So, I am new to the whole tax deed and tax certificate thing only hearing about it from time to time and given sloppy advice. I did some research and wanted to see if p...