Good Morning,I set up my LLC a few months ago as a single member LLC, I want to change it over to Multi-Member for better protection. Does anyone know how to do this, and what should I look out for? Also, is there a c...
What is the best way to set up a partnership to protect each other. The situation: brother and I want to buy homes together. Just starting out. Buying s single family house package. I want to make sure his family and ...
Sooooo I've really been thinking about how to jumpstart reaching financial freedom. I'm pretty sold that real estate is the way to go. After brainstorming what would be the absolute quickest way to start, it dawned on...
Here is the situation I am in and I am trying to find out how to avoid capital gains, if possible. My wife and I purchase a home as our primary residence in November 2009. It was our primary residence up until May 31s...
Hi,Can STR purchased under LLC ownership offset active W2 income of the members of the said LLC?I plan to do cost seg study and get bonus depreciation (and will actively participate as per IRS rules) but need to confi...
My spouse and I own a business in the construction/home services industry. We have grown the business to afford hiring someone to take over my role so I can pursue investing in real estate.
I have joined my local RE...
This might be a Utah/Nevada specific question, but if you have experience with this I'd love to hear it!My husband and I own a home in Nevada and would like to buy a second home in Utah, three hours away, to rent to c...
Hello my name is Justin and i am new to the bigger pockets family. I have a wife and one daughter. My wife and I are looking to invest in rental properties. We are both 32 years old and currently live in the Michigan ...
The property is a 5 unit light industrial building. It was built by my father who was self employed as retirement income for him and my mother, who was a stay-at-home mother and also assisted him in his business. One ...
It looks like only accredited investor can invest in multi family investing. Is that strictly enforced? What if a married individual has income of $200k+ but the spouse is not in workforce, so that is the total income...