I listened to the podcast on asset protection, and honestly dismissed it for a couple of weeks. However, the more I am learning about RE, the more I realized that I need to have an asset protection, estate planning an...
I’m a long-term Bitcoin investor looking to purchase a new primary residence. Since I have no demonstrable income, and don’t want to liquidate my holdings due to tax implications, I was planning on getting a Bitcoin-b...
Hello all, my family is planning to do a 1031 exchange where we sell a multifamily building we own in New York, to buy a piece of land in Texas and turn it into a manufactured home community. Funds from the sale would...
When earning money in rental property investing, where do you hold your earned capital? I’m just starting out and am not sure if I can put in a business checking account, SDIRA, or regular account. I plan to draw mont...
Hello BP community. I had a quick question I wanted to ask and see if anyone could shed some light on the topic. I recently finished my IL brokers licensing course, and will be taking the state exam to get licensed in...
I'm currently renting in the San Diego area; renting a house close to the beach. A few days ago, I noticed mold growing on one of the bedroom walls and around the windows. I told my landlord. His response was, "Yep. I...
Can/Should I use 1031 Exchange when flipping houses? Any down sides? Thanks!
I have a deal now that is perfect BRRRR and Good Flip. Having tough time making decisions.I could BRRRR and even with these higher rates clear $250-$300 a month after refi, with pretty much all my capital back out.Fli...
Hello, I am a rookie and I'm looking into creating an LLC to purchase out of state properties. I'm considering a name and I read somewhere a while back that your LLC should be your property address? I'm curious if I m...
Can a 1031 be used to:
1. Construct a property from ground up? (build a house)
2. Do a build out or rehab?
Thanks!!