Chuck Langonzi
Does anyone wholesale in Massachusetts?
I am newly licensed and interested in learning more/working with a broker that wholesales. Thanks!
Danielle Scott
Should I put my home's title in an LLC?
I'm looking for my first house and plan on renting out the extra bedroom part of the time - airbnb or traveling medical professionals mainly. Should I consider setting up an LLC and titling the property in its name? T...
Brad Holcman
Do you have an idea for a real estate investment television show?
Hello BP Family! My name is Brad Holcman and I've been going on a real estate investment journey most recently a graduate of the BP Real Estate Rookie Bootcamp. I'm anxious to get my feet wet!But that's not why I'm po...
Lola Brin
LLC use of EIN vs SSn
'We are transfering property that is under our name to an LLC. We are planning to use a Special Warranty Deed. We want to continue to use our SSN rather than to get and start filing using a EIN, has anyone had experie...
Ana Huffer
Stated income HELOC?
We'd like to get a HELOC to be able to have money to put down with a HML in order to be able to purchase a property to fix and flip.We have about $150k in equity in our personal home. We have credit scores in the mid...
Ratesh D.
Multiple Single Family 1031 exchange
Hi, I have several Single Family homes that I am thinking about selling and buying a multifamily. I want to avoid any taxes on the sale and have read about 1031's which make sense for selling a single property for ano...
Jingmin Zhang
When general contractors stopped working, what should I do
Hi all,I have a situation that I really need everyone's advice on. I bought a flip in Maryland a couple months ago and hired a licensed Maryland contractor for the reno. It was supposed to be completed at the end of M...
Account Closed
Am I calculating this right? (HML)
Hello-
New to REI and I was trying to figure out a HML that was listed on another thread. Was hoping someone could confirm I did the numbers right.
Terms:
70% of the after repaired value
14% for 6 months
6pts
Co...
Paul C.
Room for Interpretation in Tax Laws ?
I've been doing a lot of research on rental property tax accounting the past few days and am amazed (frustrated) at how many different answers I'm finding. For example:
1. Pre-rental expenses. On the one ha...
Sharad M.
Accounting for multiple LLCs?
Hello all,
I wanted to see how you guys are dealing with accounting issues of owning multiple LLCs? Do you have a separate bank account for each LLC you own? Or you have a main bank account for the primary LLC and us...