What happens with taxes and insurance in a "subject to" purchase? I assume the lender mostly doesn't care who the house belongs to, as long as the mortgage is being paid? What about the escrowing of taxes (new rate) a...
Lets say I bought a bought my rental property 10+ years ago for $300K and it's now worth $1Mil plus. I have a mortgage of $400k+ and want to sell it for what's it's worth now. How can I save on capital gains taxes and...
Hello just looking for advice on purchasing my first Sfh rental investment property with regards to setting up an LLC or getting an umbrella policy and making sure the property is maintained. Seems llc triggers a comm...
Hi,
I am planning to start an LLC to purchase a real estate. My friend's IRA (IRA-A), my IRA (IRA-B), my friend (A), and me (B) are planning to invest. I have been reading up on IRA-LLCs and have a couple of questi...
With the current TCJA the estate tax exemption is 11.18 million (single) and 22.26 million (married). Any estate in excess of these thresholds are taxed at 40% in CA. For example, if you are worth 20 million as a si...
Hello all! New to real estate investing in Columbus Ohio area and also new to BP. This site is great! Looking to make my first deal on a single family buy and hold. Having trouble pulling the trigger. What's a reason...
When buying an investment property would you advise to sign as co- signer with your spouse? Or have it on one spouse name then move it to an LLC?We want the to be able to have more buying power later this year as well...
Seeking advice for beginner wholesalers! Where should I start my learning process? I have 20 years property management and basic real estate and 10 year mortgage but looking to cross over into investing.
Good morning BP. I've been considering using a Thrift Savings Plan (TSP) loan to help finance my next investment. As I've looked into it with some caution (after all, EVERYBODY* says "Max out TSP! Don't touch it!"), t...
Reading the old posts on this STR subreddit for a bit, I see it's not uncommon for people to want this parameter for their STR property. This is a difficult thing to do in today's market. What would trigger this thoug...