My wife and I are currently in the process of creating a trust which will hold all of our long term rentals. I am also looking to sell one of my out of state properties. I contacted my exchange company to set up my 10...
Greetings everyone!I am a licensed real estate agent in Columbus, OH. I have primarily worked on the residential side of real estate and now I am interested in investing in multi-family.There is a Multi-Family propert...
I am considering transferring funds between one profitable S Corp into an LLC for the purpose of purchasing a property. Is it better to transfer the money to my personal account as a share holder distribution and the...
I've been driving around my neighborhood looking for distress properties once I found a few wrote the addresses in my notebook came home googled the addresses but I can't seem to find the owner's phone number. Each nu...
Our Situation:Two couples, new to real estate investing, each with one working spouse with a high income (W2 and 1099) and one non-working spouse plan to go 50/50 on a new construction STR which will not close until S...
Hello members of Bigger Pockets!I've been listening to the podcasts, love the content, and I want to get into real estate investing. I'm looking to connect with people in the Little Rock, Arkansas area. I'm mainly int...
Well, news flash on the Today show, number one tax cheats are contractors, second is landlords. They even have it down to geographic areas, sections of LA, Dallas, some other cities were named.
If you haven't droped...
Hi,
(This is my first offer, I'd like to wholesale the property but also offered the seller a lease option which if accepted I will hold the property and rent it.)
I put in an offer on a single family h...
I'm a GC looking @ employees vs subs. I'm collecting employee cost based on hiring two to do rehab work @ $30K ea to make the decision. I don't like not having control over my subs, that is why I am looking at emp...
I have been investigating having cost segregation studies done to two STR investments I own. I'm getting some pushback from my CPA of several years. He is a former IRS auditor, before going out on his own. He is defin...