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Hi, I'm a new member in the NYC area looking to gain insight on how to structure my first purchase with a friend/investor.I've heard the pros and cons for LLC's, being that they provide limited liability and pass-thro...
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Hi, I live in New Jersey. I own an investment apartment in Florida and buying a multi-family in New Jersey. Can somebody recommend an accountant who specializes in real estate?Thank you
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At the ripe old age of 54 it finally dawned on me, "Hey, I better start doing something about retirement." And here I am. I've always been interested in real estate and have owned a total of 4 personal residences, in...
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Hello. In trying to help my mom after my dad passed away Christmas, I
rented my place out. Having never done this, and rushed by the
deadline to file taxes, I'm confused on some points. On advise pages
it's s...
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Hi, I am an investor in Tampa, Florida (Hillsborough County) and I recently won a property at auction. You initially deposit a non refundable 5% prior to auction, and than pay the 95% within 24 hours. Here is the situ...
BP Community,
This should be an "easy button" question, but couldn't find a direct post/forum. I have a Wyoming LLC. Can I use this LLC to own single family rental properties in other states? I know the answer is ...
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I'm just starting in REI and am trying to learn as much as I can now. I was wondering at what point should a beggining Real Estate investor create their business entity. I've decided on an LLC. I don't have any pro...
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Hi,I am buying a property with Cash in OH, myself as the sole title holder. I live in Arizona. I will pay the local OH , City property tax for the property and will rent the property out. Question:How do I avoid doub...
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Hi,I'm new to Kingsport, TN. My LLC is from Virginia, need some guidance as to close down that LLC and start a new one in Tennessee, or trade as a foreign entity. In general, would like to get a great CPA, that spe...
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Can a licensed Real Estate Agent own a property right away?