So I recently bought a triplex at 20% down and I live in one of the three units. I was originally going to go fha or 5% down so I put it in my name, but now that I put down 20% should I put it into an LLC? I would lik...
Hi BP,I sold my property in CA for 755k and bought a property in Houston for 400k. Now, after months of trying I could not find another property to buy. So now I have a boot of 355k because I didn’t find anything else...
I recently listed to the podcast on cost segregation study/ bonus depreciation. I had a significant gain on an investment in 2022 that I recently took a payout on. With that said, I will owe a significant amount of ta...
Guy's I'm in class currently to get my realtors license. However, I'm starting to have second thoughts on the benefits to this as an investor; specifically a flipper. The primary reasons I wanted my license was to get...
I know I need to verify tax information through a CPA or accountant but I wanted to ask here anyway. If you are investing as part of one of the real estate companies out there, like Open Door Capital, do you get the s...
Hello fellow investors,
Can anyone please clarify if a single family or 2 family rental home can qualify as a business property if it is in an opportunity zone & I plan to substantially upgrade it per OZ requirem...
Hello,Wanting start an Opportunity Fund to buy and hold SFR property located in Opp Zone. Planning on it being single-member LLC (taxed as corp, not partnership) for now to get started. From the reading I've done it...
I've been told that the IRS requires you to depreciate a residential rental even if it is in an IRA but you do not get to take the deduction. And, I'm told that you recapture the depreciation at 25% when you sell the ...
Can I cost 4 single-family homes to create a paper loss that offsets $2M in capital gains from an apartment complex? Where can I find more info on this (besides go talk to a CPA)
I’m looking into properties within my city that are deemed opportunity zones. Has anyone purchased an investment property within an opportunity zone and if so are there any perks in doing so?