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Hi BP,
I am planning to partner up with a friend and purchasing properties under a co-managed LLC but have no knowledge if there are any tax issues or is it just the same as for the LLC my wife and I share and have 1...
I wanted to transfer ownership of one property from (multi member llc) to another llc(sole llc -me owner). via quitcLaim
Would that ruin the tax basis or make me pay more in taxes? Or other consequences im not awa...
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Hi BP,I currently live in Chicago and focusing on small multi-family units (2-4 units) in the surrounding areas. I'm pretty new to this and currently focusing on 1) identifying the area I'm interested in 2) understand...
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Hi Everyone,I am looking into multi-family units in the Washington area but have no cash for a down payment and do not want to live in it either. I see many articles talking about getting private money and hard money ...
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If someone has 20 multi families buildings (around 100 apartments) that are currently held on several LLC's. How can he 1031 to other properties? Since those LLC's are all independent entities and each building has it...
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What if you got hit by the bus todayWe know the two certainties: Death and Taxes. We prepare for one and pretend the other is never coming. For your family, it always comes too soon. What can you do to help prepare t...
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Hello!This is my fist post so here goes nothing.I want to get into real estate investing.I already own one property in St. Louis for which I paid 39k cash (HUD property had help from my sister as I was living in Calif...
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Hey BP, quick question:When analyzing a potential rental home investment and/or house flip deal, what data do you gather in order to make a sound analysis? Where can I obtain that information without having access to ...
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Heres a hypothetical,If you offer to buy a FSBO with cash at a deep discount and they accept your offer, is there anything stopping you from turning around and selling at market? Now heres my situation,I may be able t...
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Hi there, my husband and I are starting out with real estate investment. We live in Northern California and are overwhelmed with where to beginIdeally we want to invest for cash flow and appreciation but with the craz...