A key component of my real estate strategy involved cost seg studies, claiming REPs and accelerated depreciation to shelter a large amount of active income. However, I've been speaking with a couple companies and gett...
Hello BP friends!
I have a few properties that I had to close in my name, but I'd like to move them under my LLC now.
Do I need an attorney for this, or is this something I can do on my own by filling out some leg...
Hi everyone! I am an American living and working in Singapore and surrounding countries in South East Asia for over 5 years. I bought my first two SFH properties outside of Cleveland 2 years ago and I recently added a...
Hello,I recently talked to a business mentor (a free service through SCORE) to discuss Medium-Term Rentals in my hometown of Gainesville. This mentor mentioned he has a few STR; however, he flat out recommended not to...
Hi fellow investors! Got a question that I'd love input on.I purchased a condo in Florida in February of this year. It is in a small 8-unit community that consists of three buildings: 2 duplex-style buildings on th...
Here is what my EIDL documents say and I would like to discuss some points here:Borrower will not sell or transfer any collateral (except normal inventory turnover in the ordinary course ofbusiness) described in the "...
Hi Guys, I live in Pennsylvania and wish to begin marketing to motivated sellers for mostly wholesaling/lease-options/seller financing etc... I want to discuss the transfer tax. In PA transfer tax is usually paid as ...
Hey BP,A friend of mine wants to invest some money with me. He's looking at about $25k and looking for 8.5%. No time frame or terms have been nailed down yet. Anyway, the idea to start will be that I buy a house fo...
Hello,
I have a property on my name for over a year. I am planning to transfer the title via warranty deed to an LLC (which I wholly own) before I sell it. Will that impact my capital gain tax bracket, if my corpora...