I’m receiving help from a leasing agent in finding a buyer who would also be interested in the option to buy. I might also like her help with managing the property and am currently reviewing her Property Management A...
hello to everyone out there. This is my first time asking a question.I have a C-Corp with an asset management company under it which owns a portion of my individual LLC. Currently we are not making money in the bus...
Hello Everyone! My name is Drew Banyon and I'm a new member to BiggerPockets. I've been listening to the podcasts and now I'm diving into the blogs. I'm native to Youngstown, OH and moved to Cleveland out of college a...
I have a stake in a collection of rental properties (78 units, ~$85,000 a unit) and the previous sales in the area have convinced my partners and I that a sale now may be in our best interest.Now...one partner is high...
Wife and I are building a new home. We had to place a 3 percent deposit. Builder is financing it up front. We are securing with loan at end... Can we walk away if the market crashes and better deals open up? I know we...
Are there any benefits to selling investment properties as an Individual vs. an LLC from a tax liability standpoint? If so, do you move properties from LLC to individual prior to sale? I'm new to this. THx.
@Bill Exeter @Steven Hamilton II, other experts....I think I know the answer, but want to verify. Apparently his current CPA thinks Yes to # 1).Owner has owned 5 plex for 30 years. He thinks he can convert to condos...
Foreclosure case was filed in court (Ohio) 3 months ago, mortgagors (husband and wife) have transferred ownership to me (an individual) via a quitclaim deed earlier this week and it should be recorded with the county ...
Is the county recorders office the right place to get comparable sales history of different properties? How do you find comparable sales information on some random address through public records? How do you use public...
Income tax: A foreign investor receiving rental income from U.S. real property must pay income tax. Usually, the rental income is considered effectively connected with a U.S. trade or business, and therefore, it is ta...