I was wondering what tax structure should I select for my NC single member LLC? The primary purpose of my llc is to acquire existing businesses and multi-family properties. It's secondary purposes may include but aren...
My wife and I created an LLC to purchase a 4plex a few years ago. We are the 'members'. We just sold and need to 1031 our proceeds into a new property. I understand our LLC needs to purchase the property. About to sta...
Hello BP friends-My husband and I are just getting started on our investing journey and let me start by saying we are so thankful for each and everyone on here who shares their wisdom in articles and posts. As part o...
So it's pretty clear (to me at least) that I should be moving properties titled in my name into an LLC based on the recently passed tax bill. They have been in my name for several years now. Are there an implications ...
Hello All!I have owned my primary residence for 3 years now and it has appreciated close to $100,000 since I bought it. I am interested in purchasing my first duplex to start my real estate investment journey, however...
Is there an approximate dollar amount of gain that makes a 1031 exchange worth the hassle? Is there an amount where I should just pay the tax? Another amount where there might be this gray area? Another higher amount ...
I was approached about getting in on a deal for a condo in Dallas County. The condo had an electrical fire about a year ago and the owner has been making mortgage payments and rent at their new place during that time....
Do any of you landlords purchase home warranties (i.e. American Home Shield) for your rentals?
Seems like it would make sense especially on older properties whose major systems are begining to show their age (electri...
Hey guys! I own 3 investment properties and just went into escrow on my first property that I'm selling instead of buying. I want to do a 1031 exchange and want to make sure I do it right. The home I'm selling is in n...
Seeking private money options. Potentially long-term money. Any recommendations? Is it possible to receive recommendations via this venue?
10-unit Multifamily in Northern California.