I see most people have an llc - is there a significant reason why?
Most of my off-market deals come from real estate brokers. Because of my track record and reputation,brokers come to me before they list their buildings. I follow through and close on every deal I put my EMD on so I n...
i don't see anywhere in the IRS code that states that the QI needs to be anyone in particular. It just can NOT be a relative, or your accountant, realtor, etc.I was just quoted a $1200 price for a 1031 exchange prof...
Good Evening. I live in San Diego CA and i am about to sell my third flip this year.
My First two flips the FTB took a larg percentage from Escrow for cap gains. In reading thorugh some of the other posts its...
Hi BiggerPockets,My husband and I are foreign owners of a condo in Florida that we want to sell to buy other investment properties. We didn't form a LLC at the time of buying. Now we're told that we should have in ord...
For those interested in the Honolulu market and/or more generally locations with significant supply constraints, here is a recent story from Bloomberg.Bloomberg notes that property values (condo prices) have almost tr...
I was raised to believe that the most valuable asset in business, and in life, is integrity. Your word is supposed to mean something and personal ethics are paramount.
This week my article on the BiggerPockets Blog w...
Ok, I've done a lot of reading here on BP and I have some sort of mental block because the refi part is just not sinking in to me. It seems like I'm just robbing Peter to pay Paul?
Can someone explain this to me lik...
I am interested in using my current IRA funds without tax consequences of early withdrawal. Iam curious what custodians are recommended for checkbook self-directed IRA's. Looking for those who have or are currently...
I have looked at several different real estate investment funds to possibly invest some money. I won't name names as I don't think it matters. For simplicity let's say they both invest in 5 states that do have state ...