Help BP members!I'm proceeding with my first large commercial project (building a new hotel) and working on finding investors/partners.Here's the deal:The all-in cost for the project is $4,000,000. The local bank wan...
I am trying to purchase a home, which is foreclosed but also says is only selling for fractional ownership. It is listed for 10,000. I would like to make a higher offer for the entire property. The realtor told me tha...
Hi there,I'm selling a single family home in upstate NY (owned by an LLC that is in turn owned by myself and my sister). We are also part owners in a small commercial property (also structured as an LLC) also based i...
I have one rental property in California and would like to do a 1031 exchange in the near future to co-buy 2 homes with my two children. For example, suppose I sold my house for $500k and put $250k as a down payment w...
I own a home I've lived in the last 3 years as my primary residence. It's in an area where it would work well as a vacation rental. I'm considering offering a fractional ownership share of it. My questions are as fo...
Can you share how depreciation works in a Joint Venture? Partner brings caliptal/down payment (passive involvement) and I do the management (active REPS activity). If there is only a JV and not a new LLC formed, what ...
Hello! I am excited to join this forum and thank you in advance for reading my question...I currently own an investment property (a condo) in Seattle, which I have rented out for the past 9 years. I would like to se...
Hello, hope everyone had a great Thanksgiving. I would like to Quit Claim my 1/3 ownership in a property from myself to myself and another relative. The property consists of a home on small acreage that myself and 2...
I know I’ll ultimately be getting some legal/tax advice on this but I am looking to raise capital for essentially a fund I guess you would say. It will be 100% tied to RE but I want to offer investors a return of ar...
I'm purchasing a MF property with a co-worker. We have a 50-50 split, but the title company is asking whether we want co-ownership interest as joint tenancy or tenancy in common. Which one is better and why?