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Results (8977)
Tony S. Fire at an 18-unit complex I'm set to purchase in 3 weeks, help!
1 December 2022 | 10 replies

There was a fire yesterday evening in one unit with injuries at an 18-unit property I’m under contract to purchase 3 weeks from now. How should I proceed?
My diligence period ends this Saturday, though Seller has al...

Luke Carl 1099 From AirBnB and Schedule E?
4 August 2017 | 35 replies

When I have to ask this question on BP it's time to find a new accountant. LOL. I will get my first 1099 from Airbnb this year. Do those numbers get transferred to a schedule E or am I actually paying regular old 1099...

Dennis Gallof Setup LLC within the same state as condo or my home state?
2 September 2019 | 21 replies

I have an LLC for my side business and I know the benefits of having one like protecting / keeping my personal assets separated, being able to write-off any expenses, etc.; however, I'm wondering if it would be better...

Kyle Rowland To rent or sell?
19 January 2016 | 12 replies

Hello Bigger Pockets financial geniuses!I am not totally new to the world of real estate.  I have purchased and sold 3 houses in my life but have never considered any options other than selling and upgrading.  I am at...

Matt W. Noob dumb tax question.
29 June 2020 | 15 replies

OK apologies in advance if this is a dumb question, but I'm not quite getting it. Background, this is my first rental, manage and maintain it myself.  In Wilmington, NC. Small 3br/2ba. Total payment is $794 and rents ...

Anthony Green Capital Gains tax evasion
21 July 2022 | 23 replies

Me and my wife have lived in our home for almost about a year and a half.  We have gained quite a bit of equity in our home and are wanting to move into a larger home.  We have found out that since we haven't lived th...

Jackie F. Thoughts on multiple entities??
24 June 2017 | 15 replies

Advice please. I am planning to start my business wholesaling.. I have worked for a wholesaler so I am not 100% novice.. I do not want wholesaling to be primary for me, My passion is fix and flip.. I love the risk, i ...

Giovanni Cortes HELP!!! I just found out that my 12 unit condo building has lien
26 May 2022 | 24 replies

A 12 unit condo buidling i own has City of CS  liens over $6,000,000, the liens are on the Hoa, not on the individual units.  This is about 2x as much as the entire buidling is worth. I did try to negotiate with the c...

Adonna Villanueva Multi-family investment in Ithaca NY needs funding
29 September 2023 | 28 replies

Hi BP community,  I've been looking for advise to get funding for a 2-3 unit in Ithaca, NY that has partial fire damage and needs new roof.  Potential is good due to the location that near the university.  Good for un...

Joel James Self Directed IRA LLC's
30 May 2015 | 15 replies

I am looking at self directed IRA's using LLC's. From what I have read, this give the investor total control because the funds are at a local bank with check book control. This sounds great because it lowers the trans...