I know this is like asking "are peas good" and will get a lot of "it depends" answers, but here's the basic question:If your death (and subsequent lack of cash flow) will significantly affect your family and loved one...
I am anticipating a meaningful profit on a residential rental property sale in a year or so (the sale is contingent on certain zoning changes the buyer should be able to achieve). I purchased the property in 2002.- I ...
Hello, Any recommendations on who I can chat with regarding creating LLC for out of state rental property I purchased. Benefits of LLC, s-corp, etc. Also how I can prep for next years taxes. Thank you
Hey fellow real estate investors!!I'm new to BiggerPockets. I've been listening to the podcast for a few years but just now joining the community. Disappointed I didn't get online and get active earlier!! I love how m...
A colleague of mine is looking for a successor trustee for her trust (i.e., a trustee who would take over after she passes away) who is knowledgeable with managing rental property investments as well as a stock and bo...
We spoke to our accountant and he related that we will not be able to take advantage of depreciation for my LTR because the combined pensions are over 125k.
How can I “minimize”my income? I only have one LTR.
Effective financial management is absolutely crucial for achieving success in the competitive and dynamic rental property business. Property managers hold a key position in the process, as they are responsible for ens...
I am new to real estate and my plan is to have enough passive income to quit my job in 10-15 years. While this is the goal, what happens when I quit my job and I do not have a benefits package that includes various in...
Hi Everyone,Investor here looking to divest out of one (in-state) market and into another (out-of-state) market. I'm looking to place about $5MM into a market with 50% LTV (~$10MM purchase). I'll be in a 1031x and w...
Hey guys,I'm planning to convert my 1 story 1000 sqrft home to a 2 story 2200 srft home, in los angeles, CA. My house is so old that financially it's not worth keeping anything. But I hear there are benefits (tax &a...