I am selling a property that i currently own under my LLC. I found a cash buyer. i now want to transfer title from my LLC to a land trust, then assign the beneficial interest to the new buyer. I need this to happen w...
Dear BiggerPockets Colleagues,My wife and I purchased a primary residence in April 2005 for $335,000. We lived in it until April 2010, at which time we converted it to a rental property. Fair Market Value at time of ...
I've read that you can file real estate partnerships without actually filing a 1065."The IRS and the courts have stated that mere co-ownership, rental, and maintenance of real property does not create a partnership fo...
Hi all,New to forums. I have around 500k saved and trying to deploy it in real estate. I'm looking at purchasing a new high-end home and using it as a STRP (short term rental property, i.e. listing on Air bnb, etc) Th...
If someone were looking to do a DSCR loan to purchase investment STR property: What advise can be given from getting a DSCR loan and differences between conventional and DSCR loan?If your potentially property will gro...
I am currently shopping for an investment property that I plan to run as a Short-Term Rental on Airbnb from afar (2.5 hours driving distance) and I am currently investigating property managers/management companies for...
I have a short term rental condo in Maui and I was recently doing the financial analysis for the property for tax purposes. When I asked the property management company for the financial statements, I found that there...
Hi everyone, I am not new to the forum, but I think this is my first time posting.3 years ago, my wife and I were thinking of buying a property in Kissimmee and started looking. Two years ago, we were also buying some...
Hi All,I'm looking to get my real estate license in order to simplify the process of being able to look and list properties, to have a better control over negotiations, to capture some of the commission and to qualify...
We are looking at those 3 areas, because my husband is a golfer, and they have reasonably priced golf on these islands. Any opinions on the ease of renting out a place in these areas, or other problems? I appreciate t...