I have some questions regarding 1031 exchange in New Jersey. I have 3 fully occupied properties that rent for $9200/month. Two are single family and one is a duplex. The cashflow is great, however, I am having issues...
Hi all,
Looking for general wisdom and tips for setting up business structures for rentals. I own a mix of short-term and long-term rentals but the properties were all purchased my name. I've been told to set up an L...
Hello,
I'm from Toronto, ON (Canada) and I'm currently trying to understand what the tax implications would be if I were to invest in US multifamily (3-6 units) real estate. How will the capital gains and rental inco...
I live in Henderson Nv and I want to form a self directed IRA/LLC for the purposes of purchasing a business, and possibly real estate. Does anyone know how long this process takes? Should I form the IRA/LLC first befo...
What is the best way to get started as a landlord? Also, after obtaining your first rental house, how does one work their way up to owning 20 to 100 houses?
I have a question that I hope some of you may be able to answer.
We are working on setting up a business structure for our rentals.
The first tool that we will use is insurance.
After that we are ...
In 2012 I bought a house in a small rural town in Northern Montana where I was working at the time. The house served as my primary residence up until last October when I moved out of state for another job. I listed th...
I'm looking for an investor-friendly accountant to help in preparing and filing my taxes. Does anyone have any recommendations for the Wilmington, NC / New Hanover County area? I would appreciate anyone who would be a...
I have a CPA that I really like, but want to meet with a different professional who has extensive real estate experience who can look at my businesses (agent, flipping, hard money, long term rentals, short term rental...
Hello biggerpockets!
Alyssa Craft and I went to an accountant this morning, who suggested that we do all our business structures as LLCs.
When I asked about Land Trusts, he didn't know anything about them...
He s...