I currently own an LLC that owns 3 properties in Philadelphia, and i would like to transfer them to a new LLC that i recently opened, and close the old one due to a new operation that i am putting together.
I would l...
Hi, I bought my home(Bayonne, NJ) around Dec 12 ,2016, tax for 1st quarter 2017 was already paid by previous owner, so I paid that amount in closing of home then for the remaining 3 quarters I paid via Escrow account...
When I am doing the numbers for a potential deal, how do I go about finding all of the necessary carrying costs to plug into the flipping calculator? I know that property tax is easily found, but how do I go about fin...
Hello BP.
We've closed on a property in NY state using a traditional mortgage second home. We plan on using the property quite a bit ourselves for vacation/getaway purposes, but we want to know if we can also do some...
I want to use a self directed IRA with Checkbook control to purchase a property. However, I do not have enough money to purchase the entire property. I know that the income generated from an investment property purcha...
Hello BP Community! After many years, myself and two family members (yes I know, mixing family and business gets dicey) have pooled together enough cash to really start investing with a focus on buying land and develo...
We are beginner real estate investors (Phoenix area), and we want to get into the STR / vacation rental market. I have read that many people do “sandwich leases” or “sublet agreements” on a lease in order to turn arou...
Hello BP community,
I was hoping you can help me with a few questions about tax planning for foreign investor in real estate. I'm going to buy an apartment building with foreign equity partner and want to ma...
Hi everyone. I am continuing on my journey to learn as much as possible while maintaining my schedule to purchase my first property before the middle of this year. With that being said, I have increased my search effo...
Hello all, My father is preparing for retirement and is beginning to organize his RE investments for when he’s no longer here (not for many years prayerfully). He has purchased his properties over 25 years, but all ha...