Input needed for least tax methods of unwinding a family partnership in the next 13 years.
a. General Partner is elderly father
b. 12 Limited partners - all children , spouses not included - cheaper by the do...
I've been tasked by my father to find him a vacation condo in the Fort Myers/surrounding areas. I'm not too familiar with the market in that area so I'd appreciate any insight on what to expect.Ideally he would like ...
Hi,I am interested in possibly converting my common area power over to solar, depending on costs. This is a 4-unit, flat roof building with great sun exposure. I am only looking to power my common area, which would ...
Hey Guys!I had a quick Inquiry about the 1% rule general rule of thumb. In terms of BRRRR it is common to purchase many distressed properties that need to be rehabbed. My question here for a preliminary quick test for...
Hi everyone , I'm New to the house flipping business. I'm looking for advice/opinions, I'm about to have a attorney setup a LLC for me, I know you can due it yourself cheaper but I heard you don't receive the same pr...
I just bought my first home and I’ll be house hacking. I’ve never had a roommate besides my ex-husband which obviously doesn’t count. But I work a lot and am not home much so I think it will be good, especially becaus...
It seems because the new 2018 Tax Reform laws are so new I can't seem to find real answers. I searched here and nothing for 2018 tax year came up. Maybe a CPA can chime in. Scenario:Im renting out rooms in my primary...
I'm selling a house in North Carolina and buying one with my friend in California. Both are SFR rentals so I want to do a 1031 exchange.
We are doing a "Dscr" loan and the banker said it needs to be bought in an LLC....
I know this has been touched on in the past, but I'm still unclear on what my best options are regarding incorporating. I currently reside in a house with an apartment attached that is being rented out, and I own ano...
Hey Everyone,I was approached with a Quadruplex opportunity in the Baltimore area by a listing agent. Even though the agent indicated that all units were renovated, I asked to see pictures and perform a walk-through ...