I am working with about 5 other families to purchase about an 8-9 acre lot and subdivide it and build multiple houses to live next to each other. I am running across few issues, and I am looking at 2 scenarios. I am t...
Hello BP Community, can anyone provide insight on the practicality of using a living trust to hold rental properties vs an LLC for asset protection? Thanks, Cheryl Burd
Good day to all! Thank you in advance for reading my post and any possible suggestions. So, in reviewing another thread on here, I came across some useful information regarding transferring property ownership via Quit...
Hello everyone-
not sure if this has been covered but I would like to know how long would one have to stay in said property to escape Capitol Gains and within what amount of profits?
Also if someone pays taxs throug...
I have been aging an LLC for a few years. I want to start buying property. how many properties can I safely have under the LLC and seperate myself from liability? Should I have the LLC as the holding company of sev...
I am wondering if there is anyone else noticed about this issue, if you are a non U.S. Citizen you don't get 5 million U.S. dollar tax exemption and it doesn't seem likely possible to have an workaround for this (e....
https://www.wate.com/news/whit...Has this actually been put in place nation wide to block evictons? I just had my first tenant bring this up. Ive seen the headlines but havent had any luck finding the specifics of it ...
Fl Chapter 475.43 specifically states that unlicensed brokers using contracts as a scheme to broker real estate are illegal and the contracts are NOT enforceable. Any buyer can walk in behind one of these frauds, make...
Hi, I'm making a few changes on the setup of my rentals and would like advise on the way the insurance should be setup to have adequate/optimum coverage. I have Farmers insurance Company.Rental ABC Main St. 1- Add a L...
Hello,
I'm looking to purchase multiple homes in the US for my parents & siblings to live in for free.
I am curious how to optimally structure this from a tax standpoint.
My parents are US citizens & resid...