Frank Paladino
Wyoming Series LLC - Form series in WY or state doing business?
Myself and two partners have a Wyoming Series LLC. We are just starting out and purchasing a property in PA.I have consulted several real estate attorneys with differing opinions.Question. When forming the series (c...
Craig Steltz
Consequence of capital gains tax
All,
Other than having to pay tax on your capital gains are there any other consequences? Can it raise your tax bracket. or have ony other impact?
If you make $1,000,000 and then pay your tax bracket amount say 25%...
Casey Cu
Transfer on Death Deeds (AZ, AR, CO, HI, IL, IN, KS, MN, MI, MO, NE, NV, NM, ND, OH, OK, OR, WI)
Since all of our properties are in my name..... this makes sense to transfer to my wife on death. (avoids probate complications and maybe estate tax, if that is a concern... not for me)
However, since they are in an L...
Ingrid B.
cap gain tax if not 100% of the proceeds go into another house
Greetings. I own a property that I am planning to sell, it will have long term cap gain. I don't certainly want to invest all 100 % of the proceeds into another property. Say only 50% of the proceeds goes into another...
Jeff Bisgier
Form an LLC.....Yes? No? Maybe?
Hi Folks,I was hoping not to have to write an new post about forming an LLC as there are tons of them on BP, but after reading through so many forum posts and reading articles on both BP and other websites, I'm more s...
Rich Weese
Taxes, Taxes, taxes!!!!!
I have many posts and blogs about my extreme dislike for Income Taxes. I've been working on last years' return and I may end up paying something. That is very frustrating and I committ to work harder in the future to ...
Joshua Michael Hauman
The 19 Secret Expenses That Could Sink Your House Renovation Profits
Ready to take on that first or next fix and flip? Before you roll up your sleeves and start swinging that hammer, there's something crucial you need to know: the hidden costs that can quietly sabotage your renovati...
Mary Pastoral
VRBO charges 10% commission for direct booking outside of their platform
Hi, We had to call VRBO for a bill that they are charging us and this is how I found out that VRBO charges 10% commission for any booking that was made outside their platform. They said that they have access to extern...
Mark S.
how to buy 60 units tax free to the owner. owner will finance if needed.
Hey BP Nation!, i have a question and i hope I'm posting it in the right place. so, one of my mentors in this business is considering selling his portfolio as he is 'up in age' now. after many discussions about his ex...
Ajay Bodas
1031 Exchange Property from Revocable Trust to an LLC
Hello
We recently purchased a property through 1031 Exchange and the title is with our Revocable Trust (Trustee my wife and I). Now we are considering creating a Holding LLC that will be managed and owned by both of ...