Elliott Beckstrom
Should I put Single Family LTR in LLC
Hi! I have a property in Denver that I'm renting out long term. I got a letter from my mortgage company that said I can move the title into an LLC if I like without triggering the due at sale clause. This is the only...
Roger P.
Denver area CPA
I just finished the “Tax Strategies for Savvy Real Estate Investors” book that was recommended - Loved the book and I got several good ideas from it. Reminds me of the saying “you don’t know what you don’t know”.I hav...
Arthur Neves
Canadian investing in US. Should I open a LLP?
Hi, my wife and I live in Canada. She is buying her first property in the US to be a rental one. She will probably buy more 2 in the short term and thinking in doing more of it in the future.
Now the question is: what...
Naveen Desai
Selling PROPERTY held in LLC for 4 yrs & rented. Eq partners-Tax
Hello, We held a rental property in an LLC ( TX prop and TX LLC) for approx 4 years and now selling it. When we sell the property, how do we know the capital gains for the property. The LLC comprises of multiple pa...
Gabriel Mendez
1031 Exchange on Split Inheritance
My mom recently inherited a house from her dad after he passed. Once the house sells it will be split between her and 3 other siblings. It had been rented for the past 20 years by the same tenant who is now giving the...
Cory Magnus
Becoming Incorporated as a realtor
My wife is a new realtor and we are trying to figure out how she should set up her business and start paying for expenses. Should she become incorporated? If so, an S-corp or LLC etc.? Should she use a debit card or o...
Daniel Dietz
How to set up loans or partnership with Private Investor looking for tax advantages?
Hello,I am looking for ideas of how to set up either a 'loan method' or a partnership with an individual private investor who has as a couple of his main objectives to 1) reduce his current tax liability, and 2) make ...
Adam Byrne
Zero Coupon DST to complete 1031 exchange
Hi BP!I'm trying to get ahead of the curve before selling my commercial property in Los Angeles. I'm looking into identifying my uplegs and find an optimal strategy to maximize my cash investments while satisfying my ...
Joseph Ben
Thinking about 1031 Exchanging my 2 investment properties for 1 larger one. Seeking Advice
Cliffs notes are that I own a home that I live in, and also have 2 investment properties (all in Los Angeles).Property 1: 4-unit. Worth $850-99K with about 450K in equity. Property 2: 4-unit. Purchased last year. Wort...
Murphy Kling
First REI move, Do you see anything wrong with my scenario?
Looking at making my first REI move. I currently have a HELOC on my primary residence, with most of that money tied up into paying off debt (will be 100% available next year some time). I also have a 401k that I'm con...