I'm planning on reaching out to some different people to form partnerships on SFRs.They would put the money up and we would split income and equity.  I plan on setting up an LLC with each partner (planning on having m...

If you are wanting to sell your real estate property, but are worried about paying taxes on the capital gains, a great strategy to consider is a 721 Exchange. Section 721 of the Internal Revenue code allows an investo...

I purchased my first buy and hold in October.  I till have some documentation to gather before I make an appointment with my tax preparer but I am curious exactly what is tax deductible for this property.Im going to a...

Hi BP!I am considering selling a property owned in my name and buying a bigger property. I would like to have a single-member LLC own the new property. I read that the name on title for the upleg and downleg need to b...

In 2016 we bought a lot to build our personal residence. In 2017, we decided to build elsewhere and bought a different lot. We now have a contract to sell the original lot and it will close in January 2018 for 34% mo...

Hi all, I bought a beach condo in 2020 just before the market went nuts.  I bought it in cash and paid for the rehab in cash.  Then I fell into the trap of getting emotionally attached to the beautiful upgrades and fu...

Myself and 2 associates are partnering in an LLC to invest in real estate.  We are currently looking to make offers for our first deal together on a 4 plex or other small multifamily.  We have the cash for a 25% down ...

I am new to your site, but certainly not new to real estate. I have a quick question about a 1031 exchange...

When I buy the new property from the sale of another, can I then refinance the new property?

...

BP,I have a question about establishing business entities.  The previous post I've read have placed little importance on setting up a business entity(LLC or Inc) when first starting out.  However, this goes against ev...

Okay i have a question but my English isn't really good so please understand.(also please do not make this post about why it does not make sense to hold property in an S corp, i already know why, and this is not the p...