I have money in an inherited IRA account, that I am pulling out to purchase an investment property. Does this type of purchase meet the requirements of a 1031 exchange? This purchase will significantly raise my tax li...
You are not a CPA. You are not a lawyer. Yadda yadda yadda. That's ok. I have my own I'm asking. But different opinions are always valuable.
I took out a HELOC on my primary residence that I plan on transferring int...
Hey BP world. I'm ready to get out and purchase my first rental property but need some insight on some questions I feel are kind of hindering me. If anyone could help me out with these questions it would be GREATLY ap...
Hi there,Can someone please explain the numbers behind investing in a REIT. I like the Landa app, how it is structured, the overall ease and organization of the website and documents.However. I have no idea how di...
I'm wondering if anyone has done something like this, and what some potential legal issues would be. The scenario is my two daughters attending the same university. They are about 3 school grades apart, so there cou...
I’ve seen parts of this question answered, in previous threads, but looking for a more comprehensive answer/advice.Quick background, I currently work a W2 job, have my real estate license and practice general brokerag...
Hi everyone,
I will have 2 LLC's shortly. How can I go about transferring emergency funds between the LLC's as needed? What about depositing personal money into an LLC or drawing money from an LLC to put in a persona...
Just got a call , its 11.33 pm on the east coast and one of my properties is on fire. The tenant called me and she just returned home with her two young children and everyone is safe. The house is in Dayton Ohio and I...
I'm about to invest in my first real estate deal. I'll eventually consult with a CPA on tax issues, but thinking ahead about tax issues. I'll invest with my personal funds but will be creating an LLC as a limited part...
Guys, new here but a long time investor in Atlanta & South Florida. Been in real estate 10+ years. I really want to leverage marketing and ramp it up! There is a sneaky suspicion that says the next 5 years will...