Hi everyone!
First post here. I'm looking to buy a multifamily in Indiana, currently based in CT/NY area, but don't really know where to even start. I was hoping I can meet a fellow investor from Indiana that I can...
My understanding of Dealer Status is that if you are flipping on terms (in my case: buy on terms, fix -or not-, then sell on terms) then you lose the ability to be taxed as an installment sale where your gain is sprea...
I keep hearing and reading that moving a house into an LLC can trigger a “due on sale” clause of a typical mortgage. I got to wondering, what if I buy a house for a BRRRR strategy directly into an LLC with cash? Woul...
I know the subject makes me sound dumb, but I’m serious. It’s best practice to set up an LLC to protect your personal assets, but from what I’ve found, it’s nearly impossible to get your first property under that LLC ...
My first rental I put under an LLC with a partner, my second was conventional with my wife, the next one i'm working on with my LLC partner should be moving forward soon. I originally had anticipated putting the loan...
I live in Los Angeles and I am trying to find my first deal to buy and hold . Should I look for deals in Los Angeles or out of state ?
Hello everyone,
I have heard varying opinions from many friends about asset protection as related to real estate. To get an LLC or "no" LLC is the most common thread of discussion. I thought - why not ask the questi...
Hi guys,
I am going to be meeting my attorney in next few days, but I thought I ask BPers for some feedback and this way I can be better prepared to meet my attorney.
I own most of properties free and c...
Hello! My name is Matt and I will be moving to Detroit starting in late March and am looking to gain more exposure and experience in the real estate market in Detroit. I have done construction and remodeling my whole ...
Hi all,I recently came across a really funny yet very educating series on Youtube called "Life for Sale". It details the life of Ben Mallah a very successful Real Estate Investor who has a portfolio worth roughly $200...