I'm just hypothesizing an exit strategy here so please humor me. My wife and I own a duplex in a residential multifamily zoning area. If done properly, the regulations allow up to 6 dwellings. Our primary plan is to h...
My partner and I formed an LLC referencing a commercial property that we own together in NY, we used an attorney to draft the LLC partnership together at a 49/51 split. We now are looking to change that to a 50/50 spl...
So, I was in the process of rolling on of my properties into an LLC for liability reasons, and ran into a bit of a hiccup. I have a parent LLC that my wife and I each have 50% ownership of, and then a child LLC that ...
It’s such a loaded question.. So a seller currently lives in a one-story old house in the ritzy, expensive part of San Francisco. Its neighbors are 2-3 stories high and this is the shortest on the block. It is zoned R...
Ok. I have two private investors that want to invest $25K a piece. Along with my $25K ($75K Total) to purchase a home re hab it and sell for profit. I am curious to know to dispurse shares of the LLC that I created to...
hello everyone I am seeking advice bout a 50/50 ownership of a property in new jersey, what are some of the legal avenues available when someone refuses to pay mortgage even though they have collecting section 8 rent?...
Hello Everyone,I’m in the early stages of forming company that raises funds by seeking investors willing to purchase listed properties in exchange for fractional ownership shares. However, given that funding rounds ar...
What am I missing? After significant research regarding college savings for our son, my wife and I have devised a strategy which we would love the community to pick a part. We are not happy with 529’s, Coverdell’s, a...
Hey BiggerPockets community,
I hope you're all doing well! I'm reaching out for guidance as I embark on purchasing a new home for my parents. Here's a bit about my situation:
Last year, I bought my current house, an...
Good afternoon, I have a question and hoping i can receive some guidance. I purchased a house with my ex-fiancé in 2022 from her family. I put in approximately $16,000 and she only provided $4,000. By 2023 the relatio...