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Here's one for the seasoned investors and tax experts out there. Trying to verify something:I have a rental property that is fully paid off that we are considering selling. Based on what I've gleaned online, it appear...
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I'm looking at purchasing some sfr or small multi families in the western New York area. Does anyone know the income tax rate an LLC would pay in New York State? Besides being able to write off expenses, and deprecia...
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I have purchased cash 5 sigle-family rental properties in Texas (I live/work in New York).
The investment for all 5 properties together was of roughly $550,000. All properties are now rented, generating PROFIT of $35...
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Hi All,I've been lurking and reading for a little while now, so wanted to just post some questions I had to see if anyone has opinions that they'd be willing to share. I'm in the Seacoast region of New Hampshire, and ...
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I’ve taken the deep dive into REI about a month and have been consumed with information ever since. I’m looking to purchase my first property within the coming months and the BRRRR strategy has really stuck out to me ...
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Hey bigger pockets family. I went to my local county office and ask for the probate list, and the lady said she couldn't give me that information because was against the law. Can anyone inform me of what I'm doing wro...
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I am an agent in PA, some states do not allow you to do this so please check your local and state laws.My number one client is a wholesaler here in my local market of York, PA. He has brought me about 7 listings in th...
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Hello I'm hoping to get some insight on if this deal structure makes sense. I've bought properties before via "Subject-To" but I've never done a novation or a land contract. Deal DetailsI have some sellers who are fal...
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I'm in such a bind and need some serious help. Please for anyone out there who has the experience and expertise to give me an idea or direction to go with my current situation. So here's the scenario: Multi-family pro...
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Hello all! I am so pumped to be on this Real Estate journey with all of you. I have been studying the world of REI for probably about a year now. I have aimed to take achievable and actionable steps towards my goal of...