For those of you investing in south Jersey, does anyone have a recommendation for a CPA or any advice on finding one?
Hey BP Community,
I saw a video on Youtube by a BRRRR investor who said he was able to get money out of his BRRRR in just TWO MONTHS with his strategy. The LLC he controls bought a property for $140k and put $15k of ...
My uncle is gifting me his used car. I'd like to transfer it straight into my recently formed single-member LLC. Is it OK to do so or do I have to first transfer it under my personal name and then into my LLC? If I ca...
Do you, as either seller or buyer agent, give the other agent a gift at closing? How much do you spend? What are some things you have given? Have you only given when you are the listing agent or only when you are the ...
For those of you with lots of property, are you holding it in a trust? What type of estate plan do you have set up?
I'm asking because my husband and I are about to inherit some property from his mom (shares of a cor...
Hello BP community! I've learned so much from this site and appreciate all the camaraderie among members to help and support one another on this real estate investing journey. So here's my situation: I bought my first...
Rentals that are in my name only, Schedule E deductions are pretty straight forward. Here is a more unclear scenario in a family partnership:Rental property investment loan purchased with the mortgage in fathers name....
My fiance and I are buying a home. She is the only one on the loan but we plan to be both on title. We will be splitting the closing cost.
What would the best way be to pay for the closing cost?
1. Should I give m...
We recently purchased a home to rent to my college sophomore and her roommates. My daughter will not being paying rent. 1. Should I have her sign a lease agreement?2. Does the fact that she doesn't pay rent pose any...
Long story short. Found a great deal. Found a private lender to provide the 20% down to purchase the property. In the process of getting qualified for a conventional loan, was told I was unable to use a “gift” of ...