Dan Becker
Legal/Tax Suggestions for Seller wanting to preserve step-up tax shield benefit
Hi All,I am looking for deal structure suggestions on a unique situation that involves a home held in trust.I have a seller who owns and rents out an SFR that has an FMV of $~2M. He and his wife hold it in a revocabl...
Joe Cipriani
taxes after short sale.
If I do an a to b then a b to c short sale with my LLC being the B and I don't receive proceeds from this transaction how can I avoid being taxed? Once again I wouldn't receive any money from this deal just trying to ...
Scott Lepore
building mid grade apartment complex
My mechanic is interested in scraping his shop and building an apartment complex. It is an 18,000 sf lot and already has sewer, water, gas, electric. Lets just assume for the case of this discussion that I know what...
Marcin G.
interviewing....
I have started interviewing GCs for the property I plan to rehab. I have prepared a detailed scope of work and every time I meet with a new GC I explain what I need to get done and I give SOW to them. Then we discu...
Omer Netz
Fix and flip opportunity with contractor as landlord
Hi,I am interested in making my second deal, I came across a rare opportunity that is a little complex. The homeowners want to sell the house because there is a problem with the foundation of the house.The homeowners ...
Jacob Y.
The Carpenters Advantage
Hey Everybody,
My co-worker and I are looking to get into real estate, and I am wondering what ideas people have for carpenters. Are there other carpenters who got into real estate who have advice and experiences?
...
Kenneth LaVoie
selling vs. hiring manager
Just need to brainstorm with anyone interested: We've put a great deal of time and energy into marketing our properties for sale. But to make it "worth it" we need certain prices. I suppose they are "retail prices" cr...
David Campbell
Forming a partnership without an LLC
Has anyone done this? For taxes purposes and to keep the money apportioned correctly, it is even possible? Thanks
Andrew Filipe
Getting into REI in MA
Hello everyone, I have been snooping around BP for a while now and realized that I haven't introduced myself, for which I solemnly apologize.
I am 26 years old and have been in the building industry, from design to c...
Alex Pollock
Getting Started - Partnership Structure
Looking for some input on sequence of steps to get started here. A friend and I intend to start building a rental portfolio. We intend to split everything down the middle financially. So, to keep things clean we'd ...