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Results (4093)
Petr Anisimov I think I have a goal but I do not have a plan for investing.
5 August 2016 | 8 replies

My goal: I want my family to be financially independent in a foreseeable future. For that I need to have monthly income of about 4k to cover my current expenses. I think that I am comfortable with investing in Rental ...

Clayton Ballard Developing your LLC for rental properties
7 August 2014 | 10 replies

I'm hoping to close a deal on two rental properties before the years end in baltimore md. What's the best way to setup a LLC when you have more than one property? My plan is to buy 1-2 properties every 6mos. Do I do a...

Billy Smith Mortgage interest deduction on Trump’s chopping block
8 January 2017 | 6 replies

http://www.cnbc.com/2016/12/01/heads-up-homeowners-mortgage-interest-deduction-on-trumps-chopping-block.htmlThe mortgage interest deduction is already capped at loans up to $1 million if you're married and filing join...

Abad Marroquin Is it a Refinance Cash Out or a Sale that will make me pay taxes?
25 December 2021 | 9 replies

I applied for a refinance cash Out with Corevest, a National lender. In the summary of terms that I signed at the beginning it says refinance cash out. My properties are in a Georgia LLC. As  part of the process they ...

Chris Mooney 1031 Eligible? Being added as member of an LLC & selling property
15 January 2021 | 5 replies

Hello all,I'm in an unusual scenario and wanted to get some guidance from the BP community.My fiance is being added as a member of an LLC that owns a residential and a commercial property, both of which are in the pro...

Joshua Davies International Tax Attorney/CPA
2 March 2018 | 14 replies

Are there any tax attorneys/CPA’s on BP with international experience?

I am setting up an LLC for rental property investing with 2 partners from the UK. I am under the impression that the LLC must withhold 35% as it...

Pat Opiola reporting sale of flips to irs
3 March 2011 | 24 replies

I bought a flip for 60k i sold it for 95k 5 months later the rehab and holding costs were 9k, where do i show the profit? on a schedule D? thanks, also My friend and I bought a property together, we rent it out, do we...

Nick Mainella Probate
12 January 2016 | 10 replies

I had a question for all of you.I have found a PDF list online that states the following:LEGAL PROBATE NOTICE THE STATE OF NEW HAMPSHIRE 10th Circuit - Probate Division - Brentwood ...

Kathleen Thomas 1% Short Sale Admin Fee by Banks
13 November 2010 | 16 replies

I have been doing short sales for about 3 years now, but this is the first time I have recieved from a bank a short sale fee of 1% of the selling price payable by the buyer. Has anyone else seen this? Is anyone awar...

Kyle Rice Do banks factor in trusts or LLC when running debt/income ratio
5 March 2015 | 9 replies

I have been applying for new loans to buy another property but my debt to income ratio is high because of my existing mortgage on a 4plex. If my 4plex was owned by a trust or LLC would I still have this problem since ...