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Results (3704)
Keo Manivong Condo vs House
16 September 2010 | 19 replies

I’m a newbie for both of this site and investing in real estate (going to be my first beside my house that we living in now).

I’m looking in buying condo or a house to rent it out. The thing about some of the con...

Carmelo Pollicina Changing deed from LLC to personal back to LLC to get financing
4 August 2019 | 4 replies

Duplex in Delaware currently in an LLC, but the owner of the LLC is a holding company. My wife and I are the only members of the holding company. We want to refinance in our own names, then transfer it back to the cur...

Dan W. Taxes On A New LLC With No Revenue?
8 March 2022 | 3 replies

I started an LLC in 2021, purchased a distressed house and am rehabbing it. I haven't sold it, so no revenue is coming, just a bunch of money going from personal to LLC, then out of LLC to the house. Do I need to file...

Mary Faith Janson Duplex to analyze please
21 September 2021 | 2 replies

Please help us on this deal!  We have an offer in for $197K right now, waiting to hear back. Asking price is $218K.  Calculator is based off of the asking price.This is in Texas, where the property taxes are stupid h...

Tasha Smith Private Money lender - potential costs/fees?
24 October 2024 | 5 replies

Hi All, We're considering our first private loan and have calculated our costs based on an initial conversation with the investor. Our question is, from initial agreement through closing, what costs may we incur outsi...

Mark Brogan tax implications for a small business
20 June 2016 | 7 replies

I currently own a small plumbing businessI am trying to figure out if I am better off having employees on my payroll or having them on a 1099?we currently work for a big box retailer that pays us on a 1099 my plumbing...

Fan Bi Seller Still Occupying Property at Closing
10 September 2016 | 6 replies

Over the course of the past few months, my wife and I found, inspected and financed a triplex in the Providence, RI area. The final walk-through was scheduled for 9/9/16 at 9am, with the closing at 10am. When we arriv...

Alton Bell Needing to speak with a CPA
25 April 2021 | 7 replies

Hello BP Community. My name is AJ and I’m based in Phx Arizona. Me and my girlfriend are planning to get into the reAl estate game and want to begin flipping properties. Not so much buy and hold or rentals but buying ...

Andrew Yu How to Sell Turnkey Property Fast
29 September 2019 | 6 replies

I just finished remodeling a property. However, I put quite a bit money in it and I wanna avoid the short term cap gain. So I decide to rent it for about 1 year then sell the turnkey. For those of you with experience ...

Account Closed How do capital gains get calculated in California?
27 January 2019 | 8 replies

we are selling a property (rental for past 7 years) and need some guidance on how to calculate Capital gain and depreciation. Property was purchased for 210.000+closing costs (about 3.000) in 2001. In 2011 it was conv...