Hello all,I hope you are doing well and you are having a good weekend!I met a few friends at a Real Estate event and we have been talking about the process of getting a deal in a join venture, but we are confused on h...
I am in the beginning stages of investing in RE in the Baltimore market via fix and flips. I am planning on getting started with a partner who I have a working relationship with and trust. That said, I still want to p...
Hello 1031 experts, my father has a DST investment previously purchased via a 1031 exchange. He would like to move this investment into an irrevocable trust for estate planning purposes. Would this trigger capital gai...
I'll keep this short....My partner and I own an LLC 50/50. The plan is to use this to hold up to 5 or so properties jointly. I used my 50% start up funding to purchase our first duplex. The mortgage and title is curre...
My parents own a rental (has a mortgage) that we were going to transfer it under an S-Corp assuming it doesn’t trigger the due-on-sale. However, after an analysis, Turns out the property is not very profitable, so we ...
In NJ ss it best to purchase a property in an LLC or is it better purchase the property as partnership and then to transfer the property in to an LLC. I would like to use the LLC as a way to protect our personal asset...
Hello everyone! I am new to the DFW market. I recently sold my home in California and moved to DFW to chase my REI dreams. I have done my research and feel DFW is the best place to start my REI journey. I am looking t...
Hey BP Crew!Still a new newbie, but Im getting ready to pull the trigger on some property in KC, MO. Im out of California. Im looking for guidance on taxes & laws between the two states. Im building the foundation...
Thirty years ago, my mom and dad purchased a 30 acre piece of land in Huffman, TX with my 2 cousins. They paid $40K for it total. My parents put down the $20K and my cousins paid off the rest in payments.The title/dee...
I am part of an LLC that wants to sell a property using the 1031 exchange..One of the 6 partners does not want to exchange and wants to take hismoney out and pay the necessary taxes.....Is it possible to pay this part...