I'm a member of a partnership that purchased several four-plexes last year. I have reviewed my CPAs draft tax return and they have allocated 25% of our purchase price to land value and 75% to the buildings. Therefor...
I'm been traveling and investing in Central America for some time. Last year I moved to Panama. I live in the mountains where it is spring like weather year round. Yet, I'm only an hour to the Pacific and a couple ...
Hey what are you doing outside of an LLC for asset protection in regards to rental property? I have heard of these "bullet proof" irrevocable trust but I haven't met anyone personally that has had one set up for them....
Quick background of this story. I just recently moved to Atlanta, GA. I'm still getting settled in so before I get to investing & buying my own residence in the area, I'm deciding to do a short-term rental. I've b...
An odd thought came to me, probably not workable, but maybe an interesting mental exercise.
Most of the deal postings on BP are looking for funding so why not put together an investment fund with BP users?
Being...
What is an asset protection trust? Who needs them? Where do you set them up? Lets jump into this.
Lets start with the need for asset protection and why asset protection works. Asset Protection works by removing the ...
I am looking at purchasing a house via online auction. It states the seller will "pay delinquent property taxes and any delinquent HOA assessments in accordance with the applicable Purchase Sale Agreement."
It also h...
I'm heavily involved in the international market currently. I've sold several domestic properties, and I'm making a move to "other" places.
IMHO, The United States is in the beginning of a long, cool cycle in terms ...
I will be investing from out of state (I'm from Argentina). I'm looking for an attorney and a CPA who could advise which direction to take with the LLC setup.
I will be investing:
Real estate - I will buy 1/2 renta...