Hi!II am looking to buy a small apartment building in Maryland that it is owned in an LLC. The seller suggested to buy the LLC that owns the building to avoid paying transfer taxes.I can save some money doing this, bu...
Hi all,
I live in the Greater Toronto Area (GTA). I am Civil Engineering E.I.T (Engineer in Training), specialization: Structures (i.e. structural steel and concrete), in the GTA area. I have worked at a few consulti...
I'm searching diligently for my first flip property. My agent and I are going out this afternoon for the 3rd time, just being patient and I want my first one to have a little extra padding for mistakes which I'm sure ...
I live in the UD and I was looking at buying an investment property in Canada, but I would continue to live in the US. (a) Can I do this? (b) What are the tax, legal, whatever else ramifications of owning Canadian RE?...
I am a real estate investor who is getting more into buy and hold rentals. Being self-employed, I try to legally write off everything I can to reduce my taxable income. That said, it seems that funding options are l...
Greetings. There's been a ton of discussion around when to form a LLC. I would love to solicit your advice as I'm guessing many of you have gone through the same thought process. A bit of background info:1) My wife an...
Hi All,I am looking for deal structure suggestions on a unique situation that involves a home held in trust.I have a seller who owns and rents out an SFR that has an FMV of $~2M. He and his wife hold it in a revocabl...
Hoping for some of the more experienced REI's could provide some guidance.
My wife and got into investing almost by accident. Her parents needed housing and we wanted to control & subsidize their cost of living t...
Hello and thanks for any assistance. Years ago I moved into my mother's house and began renting, as she moved out of state. As roommate challenges and repairs began to stack, we worked out an agreement for a rent to...
Hey BP fam! I am looking to start my real estate investing journey here in beautiful central British Columbia, in 2020! My main goal is to acquire rental properties (BRRRR strategy), but also fix and flips should good...