My sister and I inherited free and clear rental properties that are held in an LLC. We are starting down the path of distributing the properties, and we are concerned about the tax consequences of dividing up the pro...
Hi everyone,
I've been thinking through an idea that likely has many issues, but I am hoping to get feedback on if you have time and are intrigued. If the idea proves desirable, I am interested in trying to create a...
Hey BP, recently came across an investment opportunity. The owner expressed he could sell me stock ownership in his property I am living at. Much like a public stock, essentially the owner sets the stock price at what...
Hello BiggerPockets!I've been listening to the podcast all year and lurking the forums for quite some time. My business partner and I have decided to take the plunge and purchase one or two multifamily properties. T...
Hello!
I love travelling internationally. As an investor in Short Term and Medium Term Rentals, I really want to branch out and look to investing in these type of properties around the world. My goal is to have sever...
Is it true that when partnering with someone on a deal and one person has 90 percent ownership of the LLC and the other has 10 percent ownership that the bank can’t request Info from the 10 percent guy? And with info ...
Hello!I have a question/advice from this trusted community. Went into partnership with a person last year on a triplex. He qualified and holds the loan. Mid last year He wanted out of the deal completely for personal ...
Okay, so this is a rabbit trail post but... I'm going through a divorce & looking for options to pay my soon-to-be ex out. I may be forced to sell my primary home as I can't get a line of credit large enough to p...
Hi. My brother and I are 50/50 business partners in our real estate journey. We are closing on a couple properties that we tend to use for short term rentals in order to take advantage of the str tax loophole to offse...
Hello fine people of BiggerPockets. I currently work full time in logistics. My wife, Mav, is a stay at home (property manager) mom with our 5 month old son. We are fairly new to the business of buy and hold deals. We...