Shawn Ryan
Converting single family into triplex using 203k
Hey Everybody,I have a house that my family member owns and wants to sell to me. This property is currently zoned as an RSA-5. I have a few questions that I'm trying to get answered. The property is a 3 story row home...
Caryn Fischer
Tax question with selling a house
Hello all. Can someone explain the details of selling a house to a child?
Is there a limit on pricing?
Does it have to be sold at fair market value?
Are there limits to the “look back” for primary home exemption?
...
Price Kenney
C-Corp for every deal?
I’m an investor from Canada researching options for flips. My understanding so far is that a C-Corp is preferable to an LLC for a Canadian as the CRA doesn’t recognize LLCs the same as the IRS and you’ll end up being ...
Ed Jaroch
Historic Building Rehab Federal Tax Credits
Are there any readers of this forum that have used "Federal Tax Credits for Rehabilitating Historic Buildings". I would interested in hearing what your experience was like. The tax credit sounds interesting, the ...
Tyler Lalagos
Best Way to Begin Investing in Tax Liens
I'm new to real estate investing and I'm interested in purchasing tax liens. What's the best way to get started?
Jean-Marie Poth
Turbo Tax Deluxe or CPA?
I have always had an easy time with Turbo Tax This past year, I bought my first rental and now it is TAX TIME!!! I'm wondering if I should use a cpa or continue with Turbo Tax Deluxe? The questions are very straigh...
Sara Klaus
LLC - "Doing Business in California"
We are purchasing our second investment property in Hawaii. Our first property in Hawaii is owned by "Property 1 LLC," which was formed in Hawaii. This is a multi-member LLC. We live in California, and self-managed th...
Chad Trail
Should I use a Business Bank Account?
I already have an LLC set up and active that I have used for consulting work in the past. Should I use this entity to set up a business checking account and keep my 5 doors of rentals separate from personal expenses?
Gaspare Randazzo
CPA looking to learn more about Real Estate Tax
Contrary to popular belief, accountants/CPAs do other things than taxes. After college, I decided to enter the world of audit at an accounting firm. Turns out I wasn't a huge fan of it and moved over to consulting.
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Sean Robertson
LLC to run your rentals through ?
New to BP. While networking I meet a realtor that said he started a LLC to run all of his long term rentals though. Any thoughts on this? Would it be wise to do for short term rentals as well?
Thanks