Good morning, BP! My wife's grandmother has an out-of-state rental property that she has considered selling. It is a small condo valued at around $75k and has not been updated in over 20 years because she has a sati...
Hello All,
We currently own 1 single family rental, and are about to turn our current residence into a rental as well. We have a $1 million liability umbrella. At this point would you recommend putting the rentals...
I working on buying my first property to do a house hack in a single family home with a rent by room approach. I was wondering when filing for taxes if there is a tax break or if you would end up paying more in the lo...
Has anybody seen or done a residential assisted living facility. I came across a podcast about this and wanted to get an outside opinion.
Does anyone have experience with purchasing or building storage facilities? I am either looking to buy an existing facility or build one and want to understand the pro's and con's of each. Also, looking to hire an e...
I was considering using an LLC for my wholesale business, but it seems that I would have to pay capital gains tax and self-employment taxes with an LLC or a Sole Proprietorship.
And, since I'm not investin...
Hello all. Can someone explain the details of selling a house to a child?
Is there a limit on pricing?
Does it have to be sold at fair market value?
Are there limits to the “look back” for primary home exemption?
...
I have the opportunity to purchase the (commercial) building that I have a business in. We currently pay $650/mo in rent.Our business is set up as an LLC.We could purchase the building for $92K which would have a low...
Hello everybody, It is just me and a potential angel investor. How should we set up a formal business entity for us to invest in land wholesale deals and storage unit facilities? Located in south Texas/Gulf Coast area...
I recently purchased my first home with FHA. However I now want to begin investing. Can I now obtain another property with a 203K loan? Or do I have to wait until I can refinance and change my loan into a conventional...