In a non-community property state, can a husband/wife general partnership (not an LLC) own & insure rental properties in their own names but report them on a partnership tax return? I know if you set up an LLC you...
Good morning members,I have heard that in the state of Texas doing subject-to deals aren't allowed or they are complicated in many ways.Can any investor tell me what exactly do I face when doing subject-to deals here ...
I have a dilemna. I want am ready to make a purchase, but two properties have caught my eye. Both are great opportunities, but I can only afford to buy one right now. The problem is this: the property that I want the ...
Are International (non-citizen) Investors Eligible for 1031 Exchange?
A quick google search will tell you "yes, but its complicated." Does anyone know the intricacies/have experience with this?
Thanks.
I'm about to put an offer in to a wholesaler for the first time. They said they need an "offer" by a certain time. Does that mean an offer letter or just a price? I'm unsure if this is as simple as texting them a numb...
We're renting out a couple of rooms in our house. I've been calculating and claiming depreciation for a percent of the value of our house based on how many square feet are rented vs. the part we occupy. That part is...
Hi, I have purchased a 3 unit multi fam property under LLC (50/50 partnership husband and wife in NJ which is Non-community state) and financed (100%) through hard money lender(personal guarantee). After the rehab was...
I've wanted to invest in real estate rentals for years, though no real means to make it happen.Now's the time... I believe rentals would be a good start, I'm not close minded where I wouldn't entertain other real esta...
Having been in the game now for six years, I will say the overall tone of Bigger Pockets is much more realistic than all the other "get rick quick" real estate investor sites. However, a warning to novices. Things are...
We're renting out a couple of rooms in our house. I've been calculating and claiming depreciation for a percent of the value of our house based on how many square feet are rented vs. the part we occupy. That part is...