Melissa Uppelschoten
Screening Section 8 Tenants?
I am seriously considering Section 8 for a home I recently renovated that is in an area of town that is still in transition in Atlanta. The good thing is I am not in a huge hurry to find a tenant. I will be scheduling...
Dustin Paschal
How to ideally structure real estate holdings and management companies (tax focus)
I have 5 questions, please read post in full for context before answering and indicate which question(s) you are responding.
I have a non-majority share of equity in a few real estate industry LLCs located in multip...
Charlie McKenzie
The other side of Foreclosure
I have a friend who sold a property and now has to foreclose. This is a commercial property in Oakland, CA. Does anyone have an idea of what it would cost to have an attorney foreclose on the property? My friend is...
Jenny Gremillion
Tax Strategy question regarding Vacation rental
My husband and i (through our LLC) are under contract on a Beachfront lot in the pan handle of Florida. Plan is to build two townhomes connected to one another. We’re thinking about selling one immediately after buil...
Chris Williamson
Looking for cpa who deals with self directed ira
Does anyone have a good cpa in the Southern California area that deals with self directed IRA’s???
Pandu Chimata
Taxes due during escrow or year end
My Partner and I purchased the property in 2016. After renovating it we rented the property for one year. Now it is in escrow and expected to close in May. We made some profit in this transaction. Would I be declaring...
Brandon Wynn
condo conversion short term capital gains tax
Hey BP!
I have a 4 unit building I am buying for 190k, that needs 200k in renovation and I plan to condo these units off and sell them individually.
My question is, can I sell off the first 3 that will put me almo...
Matthew Gardner
Better Understanding Tax Benefits?
Hello BP,I am a prospective investor that has been on the search for an investment multifamily for the past year+. I keep reading that there are many tax benefits to real estate investing but am confused to what they ...
Amanda Crawford
New Investors Needing Advice on LLC
Hi! My husband and I are about to close on our first two investment properties in FL. One will be a BRRRR and the other is a flip. We have a HELOC for the BRRRR and an investment loan for the flip. Both are under cont...
Scott Moe
Capital Gains Exclusion
I own a single family home that I am currently renting out. My father is on the mortgage and title. I plan to move into the property for at least two years and then sell. My father is letting me keep any and all gains...