I am seeking help from the BP community for a question about laws and options in Las Vegas, Nevada. I have a friend there who bought a condo in a nice area about a year ago. He likes the single life and doesn't want t...
I am trying to sell one of my Solo 401k properties. I've been made an offer of 50% down and for me (my Solo) to owner finance the other 50%. Is this legal? Can someone point me in the right direction? I really need a ...
New to this group, thought I'd post my current situation and see if others have opinions on it... My wife and I bought our first "starter" home in San Francisco (Eureka Valley - in between Castro and Noe Valley) 4 ye...
Hello everyone! This is my first post. I have been interested in investing in US real estate for quite some time and have spent the summer reading books and getting a bit more familiar with it all. I can't wait to pur...
Hello,I currently own investment properties in Buffalo NY, which are each treated as an LLC, and a single family home in which I live in San Antonio TX. Is it possible/legal for me to transfer the ownership or sell ...
Hey BP. Does anyone know of any Opportunity Zone Funds that purchase and develop SFRs/duplexes/Triplexes/Quads in Philadelphia? I heard through the grapevine one fund purchased up a bunch of properties in Strawberry M...
Myself and a partner are in an LLC together, we'll call this "A LLC" . He is a member of another LLC , we'll call this "B LLC" with two people. They want to dissolve the "B LLC" but they have one property still. The q...
I recently met a woman that has 3 duplexs in a very desirable suburb of Madison, WI valued at around $1 million. She would like to sell them but are reluctant due to the amount of taxes she'd pay. She plans on passi...
If there is a house owned by a trust and all three trustees currently have ownership of it. Is there a way to buy out one trustee without triggering capital gains taxes?
Hey Guys,
Quick few questions
1 If I invest in a real estate syndication as a limited partner and I was given bonus depreciation year one where I had a $70,000 loss on 100k investment at the time of sale how are the...