James Peters
Clearing up an IRS and Franchise Tax Board Lien on a CA Property
So this discussion is not about investing in tax liens, but I thought the community here might be able to help. I have been spending the last 3 years cleaning up a mess that was made of my grandmother's estate and th...
Chris Seveney
Boxabl Under SEC Investigation
Uh oh. I always thought it was a cool idea, but anytime I see tech people get into real estate and construction (especially to this scale), I really pause and take caution. I spent 25 years in commercial construction...
Marlie Evans
Bonus Depreciation, safe harbors and Partial asset disposition
Now using the de minimis/routine maintenance safe harbors instead of bonus depreciation for appliances, carpet and the like. I don't understand why my taxes go up a few bucks when I change move an item (a kitchen appl...
Isaiah Foster
Newbie From Crawfordsville, IN
Hello all! As the title says, I am from Crawfordsville, IN and I'm just starting to venture into real estate. I graduated from Purdue University in December of 2013 after majoring in Financial Counseling and Planning...
Priyanka K.
Year End Tax Question
Hello fellow realtors!I got my license last month and may not have any earning as a realtor this year. I am looking for ideas on how to manage realtor related expenses that i incurred this year!Can I deduct realtor re...
Rachel Kokosenski
Legal Question Regarding Damages
I have a question about who pays for damages discovered after a sale. I purchased a condo to use as a STR and the day after the sale was finalized we were advised that the dishwasher has been leaking for days, there i...
Brendon Grover
Should an LLC be used to purchase first MFH
I have been wondering if it would be a good idea to purchase my first multi family property under an LLC, due to the requirements of the 1031 Exchange of having to buy your next property under the same name. My goal ...
David Pearl
I'd love to hear from anyone who does long distance investing
I am an American/former Californian living cheaply in Thailand. Looking to buy a small condo in Miami/South Florida and rent it out...I've never owned property, visited but never lived in Florida, never been a land...
Simon Stahl
Deed property from LLC to personal name in Texas
I currently own an LLC with one property in Texas. Because I live in California and have to pay the $800 franchise tax, I decided to get rid of the LLC and just own the property in my personal name. What is the best w...
Megan Elmendorf
Looking for advice - legal organization & loans
I will try to keep it short, any input would be greatly appreciated. I own 1 rental property with a partner. We started an LLC and filed an SS-4 to obtain an EIN in order to open a business bank account so we could ha...