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My husband and I are looking to buy a multifamily unit using the equity from our single family property. The idea is to move into one of the units of the multifamily, rent out our single family property, and eventuall...
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What’s going on everyone, I live in Santa Clara, CA but recently purchased a home in a small town called El Mirage, AZ which is 15-mins from Glendale and 30-mins from Phoenix. Blue collar working town.The home is no-l...
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Hey all!
My intro post covers it a bit more but I am planning on quitting my job and going full time in to real estate. I figure prior to quitting I should lock down a property w/ conventional financing since the ba...
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Hello, what is the typical cost range for CPA tax returns on an LLC entity on a syndication with 10 investors? Multifamily deal. Standard 70/30 structure, nothing crazy or weird. Thanks
I have a tax-related
question that I couldn’t find a direct answer to in the forums.
I live in Texas and
considering investing in a multi-family partnership (LLC)
that is registered
and operating outside of Texas...
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Greetings Bigger Pockets tribe. I recently picked up David Greene's BRRRR book, started reading and am a little confused 🙏🏾😊. I was hoping someone could clarify something for me.In his explanation of how to calculate...
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Hello everyone!I wanted to introduce myself. I am a married working professional with 2 wonderful kids who wants to have a steady side income and build an investment portfolio that will help me and my kids in the futu...
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I have yet to purchase my first investment property but am in desperate need of advice on how to finance. After moving some things around, we will have roughly $65K in cash. I'm primarily interested in buy and hold us...
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So I have a property in which I want to 1031 exchange. The property is in New York and I live in Seattle. When doing a 1031 exchange I am aware that you have six months to flip the money into one of the properties tha...
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I have been renting my property since 2012. I have never depreciated it on my taxes. How would I go about making up this depreciation?