Lea Hong
Do I need a new CPA and a new LLC after 1031 in another state?
My Cousin and I have LLC in California, and under the LLC we have a parcel of land. We registered the LLC in California and our CPA is in California as well. Both of us are not U.S. citizens or Greencard holders.Due t...
Shaun Dockery
House Hacking a Duplex
Hey everyone! I am currently looking for a duplex in metro east are of St Louis, this will be an owner occupant as I will live in one side and rent out the other to get started. I have a couple questions for all you s...
Mary Jay
LLC,transfering title, due on sale clause,+ making it all legit
Hi guys, I have a question for you...Ive been trying to transfer my 2 houses into 2 LLCs but really worried about due on sale clause. (If the bank finds out I transferred a house into an LLC the bank can make me pay a...
Alex Goumilevski
Converting oil heat to electric on a 30 unit building
We are looking at a 30-unit built in the 1960's, and the current building is set up with two oil boilers, one for the hot water, and one for radiator heat. The current landlord is paying over 50K per year for #2 heati...
A G.
Landlord/Umbrella - lawsuits coverage
I have landlord policies (from Gieco/travelers) and it doesn’t explicitly include or exclude any kind of personal injury projection or coverage. It lists bodily injury and property damage and cover attorney/legal fee ...
Fred Tracy
Managing Accounting With Several Properties in Single LLC
Hello all,I searched quite a bit and couldn't find this topic covered. I've got a series LLC with a single checking account and have three properties in it. My question is about how to efficiently manage withdrawing a...
Mark S.
Paying LLC Attorney Fees/Costs - From Personal or LLC Account?
So, I finally decided to start an LLC. After much debate and discussion, I decided to use my local attorney to do it. I checked with a tax advisor and they said all the start up costs are tax deductible, which makes...
Reid Schieler
Do i need to form a business for my properties??
Hi everyone! First, just a little background on my real estate investments so far. I am 23 years old and purchased my first duplex when i was 19. My wife and i have been living in one unit and renting out the other si...
Account Closed
Partnership structuring (Best way to go about it)
Hey bigger pockets!Just wanted to get your advice . My friend and I are both real estate rookies, living in Las Vegas (Both only have one property under our belt) and are interested in partnering on a multi-family dea...
Matthew Irish-Jones
Real Estate Syndication, Partners, and What to do about Capital
Hi,My name is Matt, I have been involved with Real Estate investing for 6 years. I am a 25% owner of a LLC with over $1,000,000 worth of property. I also own my own double in the city of Buffalo that I will be doing...