Hi Folks, My business partner and I now have 3 rental properties in both of our names. We have read on numerous occasions that the best thing to do is form an LLC together and transfer the properties into it to mitiga...
Hi folks,
I and my business partner own a couple of properties under a 2-member LLC. Would it be possible (legal) to sell the houses to my wife or my business partner's wife and get conventional loans while doing tha...
I work as a first responder in a hot market. On a daily basis I go into homes of people that would be perfect for creating a list of homes to try and wholesale to local flippers.
My question is...
Are there any ...
Hey there,
I was wondering at what point a 1031 makes sense? I have a property which is the first I've held over a year. Someone told me to consider a 1031, but is it worth it if the profits are only 40K?
Does anyone know if partnering with a seller of a multi family building could allow for the seller to defer paying capital gains taxes as follows: I partner with the seller by buying in for a fraction of the fair mark...
I've got client with a question relating to capital gains taxes on the sale of an investment property. If you have any familiarity with capital gains taxes/depreciation please chime in.He bought a single family house ...
I am ready to cash out of a highly appreciated property. My attorney put together a plan he is confident will work but I believe this is the first time he has done this so I am reaching out to all of you for critique...
We recently purchased our first investment property with Sherman Bridge. Paid 165K and did 35K of rehab (inc. new AC and roof). ARV is 265K. Rental income would be approx 1850 per month. We are under the impression if...
Hello! New here and very new to the real estate world and have a Capital gains question in regards to a land sale. (If this post belongs elsewhere please advise.) My father recently purchased a single family home in M...
I'm thinking about setting up an opportunity zone fund. This is still pretty new. There's some talk about it, but I don't know how many actually exist at this point. So has anyone actually done it, and what has the...