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Hi BP - need your help with this situation (our properties are in Houston, TX if that matters):
- Properties A and B: Both were held by three partners in our own names individually (never held in an LLC)
- Property ...
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I ran across this article this evening when I was researching some other tax matters:
Who says you can't depreciate land?
The basic procedure seems to be:
1. Split the improvements from the l...
I came to BP to find a lender for a BRRRR deal because I thought I could trust this forum, and that’s where I found I found HouseMax Funding. I went through the background check and my credentials passed and I was goo...
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Investment Info:
Condo buy & hold investment.
Purchase price: $271,627
Cash invested: $109,353
Beachfront condo in Puerto Penasco, Sonora, Mexico. Beautiful 2b/2b with a view of the ocean and bea...
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@Russell Brazil @James Wise @Andrew Postell @Michael SwanI have 5 rentals, 3 in Tennessee and 2 in Ohio. I have an LLC set up in North Carolina where I live. I paid cash for the properties and then took out equity lin...
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Hey BP I’m looking to get into syndication and working with larger multi family units. I have a real passion for this niche in real estate investing. I’d love to find someone local to me, northern NJ, who is looking t...
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Hi allI have been recently contacted by a couple of different people here in Tennessee, regarding properties that they want to sell. both are having to do with the death of the owner. The first one was the niece of th...
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Hey guys,I have never done this before to anyone as I hate asking people for favors but I am in a HUGE pickle right now and REALLY need a favor from anyone willing to help! This needs to happen ASAP! So anyone who is ...
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After researching LLCs (the opinions vary as much as what kind of pizza is the best...so I don't want to rehash that), but I have decided to go with a WY holding LLC. Now, I need to create separate operating LLCs und...
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After doing several flips in the last few years, I am tired of my profit being taxed as short-term profit. I usually purchase properties in the $200K to $250K range for cash. My rehabs have averaged anywhere from $1...