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Results (10000)
Dan Amstutz Strategy: Pulling equity out of a owner occupied rehab/flip
11 July 2014 | 2 replies

Hello BP flippers and rehabbers,

I am trying to work out some details for my grand entrance into becoming a flipper.

Here is my tenative strategy:

Buy a distressed REO. -In Twin cities Minnesota, 4bd 2ba.

Use a FH...

Andrew Slezak Opportunity zone investing
17 January 2025 | 2 replies

Has anybody invested in an opportunity zone or can tell me more about it? I’m under contract for a small duplex in an opportunity zone. My understanding is that you can sell assets and defer capital gaines taxes in an...

Jeremy Schreiber Lawyer or RE Agent for turnkey investments?
18 September 2018 | 7 replies

Hi BP Gurus,It appears that when investing with a respected turnkey company, they attempt to sell directly to you.  Their sales people are effectively serving as the real-estate agent, which creates some mis-aligned i...

Matt Dines Tax basis help on $3M California residence inherited b/w trusts!
19 February 2018 | 4 replies

Hi Forum,I have a complicated tax situation and am looking for general guidance or a referral to a real estate accountant in California who can help answer.Facts:The property is a California residence appraised at $3M...

Kat N. Deduct construction cost from personal income (for tax purpose)?
28 May 2018 | 7 replies

Hello Biggerpockets community, I am newbie in Real Estate. I just bought a house (in California) under my name using traditional bank loan (so no LLC or Corp). My thought process is that I will fix-up the house. If th...

Bett Zeng Title transfer from individual to multi member LLC in California
31 July 2019 | 2 replies

Hello everyone!
I'm looking for advice on the tax implications that come with transferring title from an individual into a LLC with 3 members. A couple days ago I purchased a multifamily up in northern California and...

Austin Farsai Business strategy information for rental property
26 October 2023 | 5 replies

So I had a number of questions go through my head and haven’t found the right person to explain this if anyone could help me out. I have a rental property that I am the owner of and was wondering what is the best stra...

Anna Thanopoulou First year depreciation in STR
19 November 2024 | 7 replies

Hi everyone. We purchased a property in early October and are placing it in service this week (mid November).We had intended to run a cost segregation study and try to accelerate depreciation which we can deduct again...

Cindy Zhu How to properly clean a house after tenant left without cleaning
7 June 2024 | 8 replies

Hi, guys, the tenant who rented my house left without clearing the fridge. Now all the foods left inside got rotten and they smell horrible. I don't want to leave them in the trash can waiting for the collection as ...

Elizabeth King Does my property have to be in LLC to benefit from real estate tax advantages?
2 January 2025 | 10 replies

I have a property in my personal name that I plan to rent annually.  I created an LLC to collect rent and manage any expenses related to the property.  My accountant told me that I needed to move the property into the...