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Hello BP,I am new to the site, fairly new to the real estate market and I am looking for help to get this going.I watched a video on BP on stacking.The concept seems simple however the devils in the details.So I’ll as...
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Upstate NY, small 3 bed,1 bath -800 S.F. in nice area. similar homes sell for
65-85. This one listed at 79,000 ,on market almost 3 years (orig. price 119,000). My offer of $48,000 accepted. Move in condition .taxes ...
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Generally, I know the underlying connotation for property managers is bad, but I happen to be one of the few that care about my investor.
I am not in it for the quick buck, the sly charge, or the misinformation that ...
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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...