Jacob Murry
Partnership in different states
Hello - I tend to be wordy so I'm going to try to keep this as short as possible while also providing enough information to be able to get some valuable feedback. I currently own a 4-plex in Missouri. A friend and I a...
Rick Jones
Property not "in service" in '16. Can I expense taxes & interest?
I know that this can be done but not sure how how to do it. I want to write off property taxes and mortgage interest paid for property purchased in 11/16. Its still undergoing a rehab so its not "rent ready" yet. I kn...
Chris Campeau
MA Rent Cancellation Bill Other States Beware
If you are not aware, Massachusetts has both a House of Representatives and Senate bill that if passed will likely be devastating to small landlords. The House of Representative Bill is HD.5166 and the Senate Bill is...
Alex Rozenfeld
Foreign Investor Tax Implications
Hello BP community,
I was hoping you can help me with a few questions about tax planning for foreign investor in real estate. I'm going to buy an apartment building with foreign equity partner and want to ma...
Mikhail Egorov
How to Best Track Renovation Costs and Profits for Multiple Managed Properties?
I currently own three properties, each managed by a different team. As we navigate through various stages of property management, including renovations and strategizing for resale or rental, I'm looking to gather some...
N/A N/A
LLC for rental properties
Hey guys,
I'm new here, and I have a question about the way LLCs should be set up and how they are taxed.
I am thinking of investing in a duplex, and renting out both units. When forming the LLC, I am wondering ...
Kim Handelman
Help me explain tax benefits to seller in seller finance deal
Hi all, I am trying to put together a deal and the seller isn't happy with the numbers my calculations support. I am hoping to offer him seller financing where he holds the note for 3 years at 6% which will net him cl...
Account Closed
Muti-unit analyzation classes?
Does anyone know of any classes that could help with analyzing multi-unit properties? This could be anything from a actual multi-unit or real estate, to a math or statistics class?
Alex J.
Will transferring title triggering a city tax reappraisal?
hey all. I need the wisdom of this ever so intelligent website to answer some questions for me. My real estate agent, lawyer, and estate planner do not have a good enough response for this so I was thinking of reach...
Account Closed
Do i have to pay income taxes as a wholesaler?
Hello, i am starting out in wholesaling and hoping to start my first deal soon and was wondering, do i need to pay income taxes on what i make?! Thanks