Kevin Burton
seller wont do deal unless
I have a seller telling me that he wont do the deal unless he gives a quit claim deed only. He said it was because he wanted to avoid capital gains tax. Is there a way to get around that with a general warranty deed i...
Jason Layman
LLC vs S corp in NC
I have heard that you should be an LLC and then file as a S corp. My accountant to day told me that i should just be an S corp due to a few reasons. I am new in the real estate game and would like some opinions and...
Jayson T.
What is the best way to buy?
Hi BiggerPockets friends,I am about to become an agent and want to buy my moms house from her. What is the most beneficial way to cut costs? My wife and I want to buy it to live in with her grandmother and will be ren...
Jacob Song
are 4-6% property taxes suppose to be normal??
So it says my first home property tax will be 4% and 2nd 3nd or how many properties that I buy in South Carolina will be 6%. Isn't that very high? is this only in south carolina? which charges more property taxes on i...
Mike Parks
llc question
when buying rental properties, is it better to put every property in its own separate llc or should I just put all of them under one business name llc? I obviously want to limit the liability if someone were to sue...
Shawn Crawley
Taxes
So I've heard wholesaling is treated like earned income for taxes. So whats the best method to keep records in order to be prepared (separate accounts) for next tax year? Is it any tricks to do to have this money trea...
Shopitha Kumar
Paying 20% Down payment vs 5% (MIP of 1.5% or PMI 0.5%) on 4Plex
HI,
I am looking to buy a 4plex and it costs about $1.57M. I am planning to live in one unit and rent out the other 3 unit. The other 3 units are rented out and rental income is $5400 per month combining the 3 units...
Stephanie C.
Why should I pay more than the Assessed Value on a home?
I am brand new to real estate and I am looking at a single family home for my first flip. Today I went down to a distressed property that seemed like an okay deal to take a look at the inside of the home. It needs som...
Ben Whittaker
My own trust as private lender to my LLC?
Hi all, will try to keep this as short as possible for everyone's benefit!I live in Australia and earn a good salary that has me into the 37% tax bracket.I invest in property in the US via an LLC, of which I am the on...
Samson Tse
Amazing opportunity or just a silly deal?
Hi guys,I'm new to RE investing and would like to get some advice on the following property in Ontario, Canada. I've been reading up on RE investing the past year and have been browsing MLS for roughly the same amoun...