James Masotti
Setting up LLC with my investors and then buying them out
Good Morning BiggerPocketsWhile I know most on here are not attorneys to provide legal advice I am curious to hear from folks who may have done something like this before.Here is the overview.I have a few private inve...
Cedric Van Duyn
1031 Exchange it No?
Hey BP Community,
We have a home that has been in the family and has not been declared as a rental for tax purposes due to various family members and friends living in it.
It has come time to sell, and the question ...
Gary A.
MLO for Owner Financing in Georgia
Can someone refer me to an MLO or mortgage banker who is experienced in creating owner financed notes that comply with Dodd Frank for properties in Georgia?
Eric Veronica
Writing off business expenses as W-2 employee
Wondering if anyone has been as negatively impacted by the new tax laws as I have and looking for a solution. This question is directed towards other CPAs, loan officers or any other commission employees who are paid...
Zachary Piatt
Private Flood Insurance for Conventionally Financed Properties
My lender told me that their bank will not accept private flood insurance for the property that I want to conventionally finance through them. He said that it must be government backed and that he doesn't know of any...
Derrick Dill
1031 exchange question
I'm interested in doing a 1031 exchange, but the answers I've found online have been murky for my specific question:
I want to 1031 exchange my investment property in Ohio for a primary residence in California. Is th...
Justin Williams
New City Law Requires Changes to Leases/Late Fees
FYI...
On March 22, 2021, the Baltimore City Council passed legislation that mandates changes to all residential leases and impacts when late fees may be imposed.
Specifically, the law, entitled “Late Fees for Past ...
Alex Byder
Subject to paperwork
Where can I find/ download subject to agreements ? I understood that there are about 7 different documents? What title company in Texas can process this transaction? Thank you
Luis A.
HUD trying to eliminate owner financing??
I got this passed on to me, so please verify but from browsing the docs it seems HUD is considering making anyone that provides a loan a "licensed" mortagage provider:
HUD extends timeframe for comments regarding pro...
Mary Joe
LLC corporate piercing cases
It's best not to have an LLC than to have one that is put together or run poorly.
I came across this case "Colorado Court of Appeals Pierces the Veil of Single-Member LLC with No Showing of Wrongdoing" - I ...