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I've seen a lot of excellent threads on the site about business formation and taxes. I was hesitant to post on them because most of the recommendations say, "it depends on the particular situation."I am posting the fo...
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Hi there,I'm looking for recommendations for a 1031 exchangor you've worked with. I'd like to talk to him/her about going from a SFR in Round Rock to a multi-unit in Austin.Thanks!Nitin
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I often have to educate some of the newer investors I work with about this fact. This is at least the case in DC, Maryland and Virginia, that the buyer of an REO pays 100% of the transfer taxes and redecoration taxes...
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background: I am the seller. House is located in California and theres no mortgages or loans on it.TITLE/TAXES/RECORDING CHARGESOwners Title Policy $975Sub Escrow Fee $62.50Wire Fee $35.00Recording Grant Deed $35.00Do...
Hi All, First time posting to BiggerPockets. I own a single family primary residence and a rental property, both in Cleveland, OH. One in Tremont, the other in Ohio City. I've noticed that going into 2023 my propert...
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When a house flipped is forming a business and have employees and a team, what would all this be under. An llc? Or another entity? Who would they include in their team?
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I know a friend of the family that inherited his mother's house after her passing away and now, years later, he is on the verge of losing the house due to defaulting on property tax. No tax lien has been placed on th...
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I'm interested in knowing more about what kinds of structures some of you have for your businesses and whether it might work for me. (I will be seeking an attorneys advice as well) But before I do that, I want to get ...
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Hi BP Investors!Just a quick shout out to see if there are any members from Australia that are investing in the US market?I’ve been trying to find in-depth, credible information with no success. There just seems to be...
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Good morning everyone. I would like to get some opinions on a situation that I have been contemplating regarding personal purchases. I am soon to be buying a 3 or 4 plex to owner occupy with an FHA 3.5% down loan. I a...