Hi BP Community,I am in the process of setting up a buy-and-hold company and am looking for both an attorney and a CPA that have a specialization in real estate and have multistate jurisdiction. The problem I am runn...
I havent had time to digest the new tax plan . But concerning the 10,000 dollar limit on property taxes and state taxes . If I lived in a expensive house , and the property taxes were $30K a year . Could I move the h...
Good evening, I am hearing that you can only have 4 properties mortgaged at a time now, when it used to be 10. Is this true? If it is, what if I create an LLC and run the properties through the LLC. Any one know how t...
We usually invest our idle money as a private lender. We get the negotiated interest rate on the money we lend. We don’t participate on the upside, but we don’t have to do anything else after we lend the money. I’ve ...
Hi, we're working to buy our first multi-family property by July of this year. If there's already a thread addressing this issue, please point me in the right direction. Is it more beneficial to start a LLC and purcha...
Hey everyone,Stumbled across section 179 while looking for ways to increase my deductions. Anyone familiar with this? My wife and I bought a Ford Edge which is in our names, not the LLC. Will we be able to expense par...
I've heard that it's more ideal to invest in markets that have limited potential for new development, as that accelerates property appreciation. Do the city maps typically show what land is un-buildable around the cit...
I understand that the law in CA limiting landlords to a max of one month's deposit went into effect on July 1. Does anyone know if this applies if the applicant is volunteering a two-month deposit in lieu of a high cr...
So this is my first purchase of a property and it is going to be a duplex we live in, Im trying to figure out the best route to go for insurance. Does anyone know a good agent or broker in Idaho falls or even just Ida...
I am new to this and need insight to know if I'm on the right trackMy current situation:-I hold a FHA mortgage on my family's home. I can't have two FHA's so that limits me on low down payment options to buy another ...