Shmuel Harris
No Limit Loan for Vets!?!
Just saw this post.http://www.realtor.org/videos/the-voice-for-real-e...Sounds like it is possible for the Federal Government to do away with the price limit that vets have when applying for a loan. This might change ...
Irwin Dominguez
Setting up California LLC for RE Investing - Anything special?
Hello everyone,I am finally ready to invest in a rental property and my goal is to get one property by the end of the year.
Anyways, I need to setup a California LLC (I have a business and assets I want to protect) a...
Chris John
Help understanding the 1031 process
Hello allMy brother and I have created a complicated mess with our real estate transactions over the past decade. We're now trying to clean things up via an LLC. Currently, we have some houses in California that we'...
David Y M.
How to Do Real Estate Partnership without 1065
I've read that you can file real estate partnerships without actually filing a 1065."The IRS and the courts have stated that mere co-ownership, rental, and maintenance of real property does not create a partnership fo...
Paul Ellerbusch
LLCs: is an operating company enough?
I am a new real estate investor and I am closing on my first duplex in Milwaukee, WI this month. I took out a conventional mortgage (30yr/3.125%) and the property is will be held in my own name. I am trying to incorp...
David Lee
How do I figure out a value?
I am looking at a 6-plex and I am trying to figure out what kind of offer I should make. I am also trying to figure out what the ARV will be. I have several comps with in 2 miles in the last year but this is the fi...
Michael Begnaud
Misrepresented Square Footage on Purchase
Hello All,Im looking for a little help. Myself and my partner have successfully flipped a handful of properites in Louisiana. We typically pay cash and don't do inspections. We recently acquired a property that was li...
Rafael Floresta
Bought 175k condo in 2011, neighbor closed today for 285k. Refi or sell?
August of 2011 I bought my condo for 175k. We did 5% down and spend quite a bit of money remodeling it to meet our needs. Back that time we couldn't find anything we liked, and this was cheap enough that we could spen...
Sean Ratcliff
Re-capture tax from depreciating your rental
Hello BP,Hope you can help me out. If I was to move back into my rental home for 2 out of the last 5 years I would not need to pay capital gains. My question is what if I depreciated my rental for 15 years and then...
Jacob Murry
Purpose of an LLC on multi-family
Hey Everyone, I have a pretty general question about LLC's. I've read several articles weighing the pro's and con's but I'd love to see BP members thoughts on these questions. I've been advised to open an LLC for each...