Zachary Cook
At What Point in Land Subdividing Process Can You Sell the Lots?
One thing I'm trying to understand before doing my first raw land development - subdivision deal is at what point in the process are you first allowed to sell the lots. That seems like it would be an important factor ...
Nandish Desai
DSCR Close as individual
My wife and I bought our first condo in our own names. We recently sold that condo to 1031 exchange. We had bought the condo with a conventional mortgage in our individual names. For 1031 exchange, we can't close the ...
DeAnthony Whitney
Beginning on my journey to becoming a REI
Good Morning,
I'm DeAnthony Whitney, I'm 27 years young and I'm fresh out of class eager to become my journey as an Real Estate Investor. I resident in the Chicago area for now but I will venture out once I have the...
Bruno Araujo
Nonprofit Attorney/CPA question - Looking for a wizard
I have a client that would like to invest in one of our commercial multifamily properties. We have an in-house 501c3 nonprofit. What we want to do is route her investment through the nonprofit and into the commercia...
Joshua Dorkin
Issues To Consider When Buying/Selling Multi-Unit Residentia
Our resident Real Estate Legal Blogger, Joshua Marks, wrote a great article today that I think is worth a look for any Multi-Family Investors:
Issues To Consider When Buying/Selling Multi-Unit Residential Income Prop...
Rod Desinord
Home almost sold but here comes the HOA
I have a home I am selling and its a short sale that was just recently approved by the bank after 5 months of working on it. The buyer submitted his application in January for the HOA association and yesterday I rece...
Travis Olson
Set up LLC for first deal?
I want to buy my first duplex with 2 other partners. Should we all as individuals buy duplex's using FHA loans or buy a duplex under an LLC? If we all buy as individuals under FHA, can we sell the properties to our ...
Zack Hawkins
Spec House ( Taxes: LLC vs. Individual)
We are going to be buying property and building a spec home shortly and need to understand the pros and cons of doing this deal through an LLC vs. as individuals, from a tax perspective. Is there a difference?I alread...
Nicole Gentry
How Can/Does A Real Estate Agent Obtain Exclusive Listings ?
Greetings BP Community,I hope ALL is well and EVERYTHING is going YOUR WAY !Can anyone offer me any Strategies or Tips on obtaining Exclusive Listings ? Your response is greatly appreciated? Nicole Gentry
Samuel DeMass
California State sales tax on property?
I have a friend who is selling a condo in San Diego and they told me they are being hit with what they called a "State sales tax" that amounts to about 3% of sales price!To be clear, this is something separate from ca...