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I'm living in California and I'm in the process of getting a rental that is out-of-state (OH, specifically). I just recently found out about the ridiculous CA Tax for a Foreign LLC operating/doing "business" in CA, wh...
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Would anyone recommend asking sellers to sign a memorandum if you feel like they may potentially get cold feet on selling a property to you? I’m also curious on how you would file it at the courthouse if the seller ba...
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Good morning everyone, I need some help figuring out the best way to use my rental homes equity to purchase a second rental.
I have a single family house that I have as a rental unit in Bozeman MT. I purchased the h...
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I hired an attorney for a house I’m flipping and he asked me if I have insurance for the property. This caught me by surprise, being a first time flipper I wasn’t aware I needed any sort of insurance for a property I ...
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How do I determine the value for tax purposes of an equity investment when transferring ownership from a Solo401K to a Roth account? If I invest $100K in an equity deal (syndicated or crowdfunded) using my Solo401K a...
Hi all...Thank you for all the help you’ve contributed on this project...This will definitely be a victory for the BP community when all is said and done. Here’s the situation:I got the inspection report back and have...
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Greetings,My wife and I bought a house that needs some rehab work. The rehab work triggered the interest of getting involve in real estate. We are in the process of getting the permits, and the village is asking for d...
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I'm a CA resident, my investment partner is a CO resident, and we just bought our first (of hopefully many) rentals in ID and potentially other states.Given i am a CA resident, it sounds like an LLC isn't practical gi...
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Hello everyone!
I'm a recent graduate from JHU (Engineering), and I've been lurking on the site for just a few weeks. I live in Northern Virginia, though with an average home listing price approaching $1M in my count...
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Hi everyone,
I have a potential wholesale deal that involves probate in which I have never been involved with. The property I am pursuing is owned by the seller but there is a additional lot with a garage that is own...