James Morris
I need a mortgage, how do they prefer taxes to be filed?
I am a small time real estate investor flipping vacant land. This is my full time "job," only income and I am looking to get a mortgage for a house soon, but first I must file two years taxes to qualify. How do you fu...
David Klem
Which business entity is best? e.g. LLC, S-Corp, C-Corp, REIT
Although I'm already considering at least one tax preparer I wanted to see what everyone else on Bigger Pockets is doing. Flips are short term and rental properties are long term. I understand you don't want to mix th...
Foster Algier
Some good news about the FHA
FHA lowers borrowers’ mortgage insurance premiumsWASHINGTON – Jan. 9, 2017 – Lower costs are coming for homebuyers seeking a Federal Housing Administration-insured (FHA) mortgage.FHA announced that it's cutting annual...
Account Closed
Land trust
I am going to get a rental property here shortly. I have not began investing in real estate to this point. What would make the most sense in terms of maximum protection for myself. I plan on building up to multiple re...
Dominic Casciato
Opportunity Zone Property
Hi All,
I recently purchased a property in an Opportunity Zone. My broker told me that there would be no capital gains tax on the property if I hold it for ten years.
Now I’m seeing that for the capital gains tax to...
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Sole or Multi LLC
Need help on what type of LLC to form. My wife and I jointly own rental properties and would now like to get some protection from LLC. In looking up information I see that you can either form a sole owner or multi-o...
Charlie Cameron
Seller Financing: Balloon, Refi, and 1031s!
Hi all! My wife and I are have started actively seeking deals and are getting really excited! We think this is a way to supplement our military income once we retire in 16 years! While we have traditional financing...
James Peoples
Probate Help
Hello All,
I'm new to probate investing. I've done my research, read books, listen to many podcast and watch many you-tube videos on the subject. I know how to look up probate file on my counties website. The only pr...
Cole Susac
How to structure a Real Estate Investment Group operation?
Hi guys! Looking to get some more insight on legally structuring and starting a real estate investment group business. A few partners and I are looking to put our money together and buy properties underneath a joint L...
Tonia Butler Kinsey
Tenant wants M2M lease due to roaches
My tenant of 29 days is asking for a month to month lease so she can find a new place due to roaches. She sent me this long formal letter asking me to change her annual lease to month to month because she is seeing r...