Hi everyone!I'm purchasing my first rental property within the next few weeks. I'm purchasing out of state and looking in the Cleveland market. Do you think it's better to purchase the property in my name or open an L...
Anyone have any feedback on buying a STR and transferring the reviews over? What we understand is that you can't transfer the actual account, the dates that are already booked need to be cancelled and rebooked which s...
Any BPers have experience with this?Considering transferring a property with no debt into a single-member LLC in California. It will be structured as a capital contribution, so no value will be exchanged and tax basi...
I just bought my first property I am working with a lawyer charging $260 / hour. I have no idea what the standard rate is for these services ism particularly in Ohio, so if someone can provide some input here it would...
I just left my long time position at Home Depot and accumulated a pretty big sum of money. Without transferring my money to my new job and suffering penalty fees, what would be the smartest decision to make with my mo...
I have a deal on hand with estate property but the name on the deed is the decedent. I like to know if I like to have the deal close, can the relative sign the title transfer on behalf of the decedent or the relative ...
Hey guys I am a huge fan of BiggerPockets and this is my first post on the forum. My questions refer to starting out with rental properties. I understand that the market is significantly inflated right now making it h...
i own 3 rental properties and my primary residence...i need to put the properties into a trust or LLC for more protection
i know the LLC fees are $500/yr in mass...i also plan on buying at least one or two more...
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I just bought my first investment property in my name (all cash) in the Detroit Michigan area. Before I file the home transfer affidavit and submit the shorter rental application with the city and setup utilities, sho...
Hello everyone.I'm trying to breakdown how an IRS 1031 extension notice applies to a 1031 exchange. All help is greatly appreciated. Facts- Property Sale/Closing date: October 21, 2024- Property Location: sold in Miam...