If you have one property, you put it into an LLC, get an EIN and a business checking account for it and run you income and expenses through it. No problem.Now say you have 35 properties and each are held in individual...
Good morning BP community - my buddy owns a real estate investing business in my hometown, upstate NY. He started offering an Apprentice program this past summer which I joined. It consists right now of driving for do...
Hi everyone,
My friend and I bought an apartment building in 2018, and it turned out to be located in an opportunity zone. Are we qualified for the tax benefits for Opportunity Zone, for example the step-up in basis ...
I am interested in a vacant lot which is zoned commercial, it is an outparcel beside a shopping mall that is anchored by Kroger. I am looking at a few different strategies if I buy this. I can sell this as is or build...
Greetings,
I'm working on an off-market vacant land wholesale opportunity and have a couple of questions about how to properly determine the end price I should assign this for. It's a 1-acre residential lot in a rur...
A realtor has a property. They are looking for a buyer. Can I put house under contract with realtor? Then find a buyer from my list to close at title company? How would I structure the deal?
Im a Newbie,I have recently been told that establishing land trusts for real estate investment deals is a good stratagey to separation between personal liability and business investments. This source described how the...
Hi all,I know this is a basic question, excuse me, but I'm trying to figure out... What insurances would I need in place if I were to rent out a fully paid-off condo to someone? Does condo landlord insurance cover eve...
Hey everyone!
I'm just learning about REI and am starting to see potential everywhere. Next door to where I rent an apartment is a plot of land (.21 acres) with no building. I found info for the owner on the county a...
Would it make sense to partner on a house hack in this way: I live in California, and I'd like to move back up to the San Francisco Bay Area for career growth and networking. I currently moved back home to Los Angeles...