I talked to a seller who is ready to walk away if I can just take care of the taxes owed on the property. When I called their county Tax assessor's office to find out how much is owed. They told me even if I pay the t...
I have some 1031 money to put to work (about $2M). We won't close on our sale until end of January, so we have till around mid March to identify properties. We've looked at many options and prioritize them accordingly...
My rentals and W-2 Job are close to each other and both are like 25 miles from home. Say for example I go to work (W-2) and then go to rentals after work, how would I claim the mileage. Can I claim the distance from...
Hi Everyone,
New to the site and posting some introductions. I have always had a passion for real estate and dreams of building a passive income business that can replace my full-time job. I am here to start that j...
Hey guys, so about myself, I buy rental property strictly for cash flow; something that's been on my mind is when people usually sell their properties? I've heard several different answers, such as, "once the depreci...
Assembly Bill 1771, also known as the California Housing Speculation Act, aims to change real estate tax policy to discourage investors from quickly reselling properties like single-family homes.
Under the proposed...
Hi everyone,I read a few posts on LLCs and holding LLCs and wanted to dive a little deeper.I live in CA but own a single family house in Ohio. I contacted Corporate Direct and Wyoming LLC Attorney (that's the website ...
Hello All, Can anyone recommend a good inexpensive company/site to form an LLC in California? Thanks.
Hi everyone. I'm new to BP and to the idea of real estate investing in general. I have wanted to open a residential assisted living for some time and know the business/operations side of it well. What is new to me is ...
Hi BP! I'm a newbie and have a question about probate and the foreclosure process for personal matters. My MIL passed away last year without a Will and we are going through probate in CA. My husband is the Administra...