Patty Puckett
LLC Loss - How to take the loss? One year or spread out on taxes?
Our LLC bought a Multifamily zoned property to build a subdivision. We spent about $100,000 with all the costs to get to the PUD Tentative map stage. We decided because of health issues not to build and to sell. The...
Vladimir Kotomin
Looking to execute my first 1031 exchange
Hi all, I am Vlad. Looking to sell two properties in Milwaukee (bought in 2010 and 2015) and to do either a 1031 exchange (likely into a DST) or to reinvest the gains into an OZF. Interested in finding DST sponsors th...
Alexis H.
To partner or not to partner
If you have the money, would you just go for it and do it all alone without a partner? Or would you partner to get more deals? Which is better in the long run?
Peter Hynes
New Real Estate Investors - What Entity?
Hi folks. New to the site and new to real estate investing (although I just finished with The Book on Rental Property Investing).My uncle (age 57) and I (age 48) want to start investing in residential single-family r...
John Lee
How to transfer a property from s-corp to LLC
I know, I know..holding a rental property in s-corp is generally a bad idea. But it was done this way by my parents.So my family members' s-corp holds a rental property. And after researching for some time, I realiz...
Kimmy G.
Bought an apartment building in Opportunity Zone
Hi everyone,
My friend and I bought an apartment building in 2018, and it turned out to be located in an opportunity zone. Are we qualified for the tax benefits for Opportunity Zone, for example the step-up in basis ...
Fran OBrien
Forming an LLC with foreign partners and capital in Florida
I will be bringing in capital from outside the US and will be using this money to form an LLC in Florida to buy, flip and rent/sell the properties. The LLC will be setup under 3 partners (1 US citizen, and 2 foreign i...
Matt Wyborski
Managing a Rental with a Partner - Ohio
Thanks for your help in advance.A friend and I are under contract to purchase a rental property and plan to go 50/50 on everything. One of us will be taking the mortgage out personally, as to avoid deal with commercia...
Alex Casperson
Transferring Home Ownership Post-Purchase
Hey BP. I'm getting ready to purchase my first property this year (July closing at the latest, hopefully sooner) here in Massachusetts. I have a partner that I am going in on it with and he will be house hacking the p...
Dan Krause
Use a Joint Venture/Partnership agreement to do a wholesale deal?
Can a JV/Partnership agreement ,between, you and the seller, be used to conduct a wholesale deal instead of using regular assignment contracts? I was thinking about doing this if all i am doing is getting a firm ask p...