Hi Amazing Investors! I am in the process of negotiating an installment sale contract for 3 houses, one of which will be my primary residence. The houses are not currently mortgagable but those issues are resolvable...
Hey BP Family!I'm looking for some guidance on initiating a 1031 Exchange. I purchased a SFH in NC under my LLC. I'd like to sell it and use the funds towards a vacation home in Northern California (the property has a...
I am looking at forming, a Series LLC in Illinois, with my wife for our rental properties. After doing some research, I am only more confused. It seems like there are very different outlooks, strategies and methods. I...
I tried to search BP for an aswer to my tax question to no avail, so I'm hoping to get some answers by posting here.
In 2012 myself and a partner rehabbed and sold 1 property in our own names, did well, and decided t...
Are there any other benefits to putting a property in a trust VS LLC aside from when in a trust there is a beneficiary designated should the trustee pass away so it is clear who the property would go to.
I guess thi...
New to investing and have a question on financing LLC owned properties. My husband and I bought our first property in May. Our plan was to rent it but now it looks like we will be selling it due to an offer we just ca...
I have been pondering this tax question for some time. Maybe you guys can help me out. If you own a property in an LLC and sell the underlying property who gets 1031 tax treatment. Do you have to purchase the new asse...
Hi guys, First post here! We are first time investors thinking of doing a BRRRR. We are looking at a house just across the state line (we are in MN, and this house is in WI). We would pay cash for this house. My quest...
was wondering if anyone can give some insight as to which entity is best to form to transfer our properties to. is there any advantage of forming an s corp vs llc for this purpose? thank you for any info