If we resided in a property for 20 months in the last 5 years, does the IRS consider a "partial" capital gains tax exemption? Or is it a binary designation?
Hello,I am new to the world of syndication (LP investor) and want to understand how taxes at a high level for syndication as LP before asking individual specific questions to my CPA.Notably, I want to understand how p...
I am seeking a blanket loan for some properties I have under land contract at the moment and have been running them for about 2 months. I spoke with a loan officer from a small bank and one of the things he's requesti...
I’m ready to jump in the world of real estate wholesaling and i'm seeking guidance from professionals. I’m eager to learn first hand the wholesale process - finding properties, building a buyers list, ins and outs of ...
My partner and I have been dedicatedly researching various U.S. markets. Currently, we are focused on finding the best fit for our endeavours, with a particular interest in the city of Atlanta. To enhance our understa...
Hi folks,Does anyone have a cheat sheet (list) of activities that qualify for REPS? We just have one investment property today (looking to add two more this year). Jason
I have a complicated legal easement issue in California. I own a lot that is land locked. Researching the history it had legal right of way in the 1940’s before the state highway was moved. We border the old state hig...
Hi BP,I’m from LA and I’m thinking of creating asset protection for my rental properties but I’m not sure how to avoid the CA franchise fee. One legal company that I talked to said to create an LLC on the state where ...
My friends and I are considering a large mult-family project that would involve significant financing. We don’t have experience wth projects this size. We want to ensure we’re considering potential pitfalls and optimi...
I live and work in CA, but looking to invest in OH and IN. I have two LLCs set up, one in WY one in CA, both under a WY holding LLC. Can I buy rental properties in OH and IN with my WY LLC? In which states would I...