Below is a question I have asked my accountant, but haven't really been able to get an answer that I can comprehend. Generally I am trying to understand whether it makes sense to capture renovation costs at the sale ...
Let's say you own three rental properties, and each property has its own LLC. What happens to the LLCs if you decide to trade the rental homes for an apartment building using a 1031 Exchange? Are the LLCs not under y...
I am hoping a BiggerPockets tax guru can help shed some light on things for me.My wife’s parents added her and her brother to the title of their primary residence in 2008 (because they were paying the mortgage for the...
How Tiered Returns Can Help Structure Private Lending Deals
Hey BP community,
I wanted to share some insights on structuring private lending deals, particularly when working with private investors to fund real estat...
Should you hire an attorney or deal with a title company. Any recommendations for in Hagerstown, Frederick, Baltimore Md area.
I am looking to connect with awesome realtors, lenders, property managers and builders in either the Knoxville or Chattanooga markets. I am a contractor/investor just outside of Portland, OR and my wife and I are look...
Hey wholesalers,I am on the verge of sending out my first direct mail campaign to about 1500 people via post card and I am trying to determine what phrasing I should use on my postcards. Here is what I am considering:...
I am looking for an Asheville-area accountant with knowledge of real estate investing. Any recommendations?
Investment Info:
Single-family residence other investment.
Purchase price: $125,000
Cash invested: $20,000
Sale price: $200,000
We used strategies from a Bigger Pockets book to buy from a bank, d...
Can depreciation taxes be avoided by performing a 1031 exchange?
Thank you,