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I'm curious if anyone has any thoughts on this. I believe I once heard in an interview that Grant Cardone doesn't own his primary residence, he actually rents it from his business entity. Is this actually a thing? ...
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Hello fellow BP members,
I have a personal question to ask:
My In-laws own a townhouse close to my residence. My father-in-law just recently passed away to bad health. My mother-in-law wants to add ...
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Hello everyone! I’m a newbie and will be closing on our first LLC rental property next week:). I did a 30 year cash out refi on my paid off home so I can loan that money to my LLC to buy this property cash. I have a l...
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Ok ill start by giving a little background about myself. Over the last 2 years I have acquired 3 multifamily units totaling 7 rental units. On the first unit my business partner and I paid mostly with our own cash. Th...
I have a lead that is considering selling. It is an SFH that he has not lived in for over 5 years. The seller wants to avoid capital gains taxes. I will give him a 1031 Exchange as an option. Anything else?
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My wife and I had built up substantial Roth IRA accounts before our income excluded us from making further contributions. Those accounts have performed well over the years, but are susceptible to the usual ups and do...
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Hoping that someone would have an idea on how to navigate this situation. My grandparents passed away some time ago and they did not have a will. They have three children, one of which who lives in their house (my unc...
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If anyone can provide some info it would be kindly appreciated. My Uncle wants to quit claim one of his properties to me. The property has been paid off and he is basically gifting it to me. Would he be able to claim ...
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Do I need a CPA AND a tax attorney??
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Hi,My tax consultant is busy and said he will file 'corporate tax act information filing' later but never got back to me. What is last day for this? Any penalties I have to pay. Any website where I can do myself? Plea...