Account Closed
Investing as a Family: LLC or not?
Hello everyone! I am looking to begin investing within the next couple of years with about 7 of my family members. Most of us are on board with the idea that we should create an LLC to purchase investment properties...
Emre Dura
Need legal advice for LLC opening as a non-US citizen/resident
I'm a new (foreign) investor and just bought a new property in Detroit with cash as a first move. Looking forward to legal advice for LLC opening. any referrals who have experience with international investors? Thx
Jonathan Goldberg
How to divide up the work with a partner?
A close friend of mine and I have both done a bit of real estate investing. Now, we have decided to pool resources and go after some larger opportunities (multi-family, buy & hold) together. I remember in one of t...
Yash Sharma
Real Estate Loss Carryover to Offset W2 Income - via Corporation rather than LLC
Hi all - new to the community and wanted to ask a question about the real estate depreciation / cost seg strategy and using resultant depreciation to offset W2 income. I understand this is a long-discussed topic but h...
N/A N/A
LLC for rental properties
Hey guys,
I'm new here, and I have a question about the way LLCs should be set up and how they are taxed.
I am thinking of investing in a duplex, and renting out both units. When forming the LLC, I am wondering ...
Jerome Nunez
Investment Group Financing in Northeast NJ - Set up an LLC before first purchase?
BP, I'm partnering w/ two individuals to acquire our first 4-unit property in Northeast NJ. We've been discussing financing options, specifically looking at FHA (less equity but 1-year owner occupancy requirement) and...
Account Closed
Co-Investment in Real Estate
Hi everyone,We are 4 persons planning on co-investing in real estate (buy & hold of multi-family properties). We are currently thinking about the best approach to do so. After a bit of online reading, it appears t...
Chuck H.
Biden administration capital gains and 1031 exchange
I'm not sure if this has been discussed, or discussed lately, but Biden announced his proposal to almost double the capital gains tax rate for high earning individuals to 39.6%, and up to 43.4% for some.He has floated...
Blake Reynolds
Difference Between A "Multi Family" and "Townhomes"
I have been wondering for a while what distinguishes the differences between these two things?I often see townhomes where there are only 2 or 4 units all attached in one "building" but when you look them up they are c...
Canaan Murray
New Real Estate Agent in Northwest Suburbs of Chicago
Hi Bigger Pockets Community!
I am a new real estate agent looking to connect with like minded individuals. I would love to discuss anything and everything related to real estate investing. My main interests are buy a...