1031 funds are not allowed to invest directly with a syndication as a LP. I've heard that one can use a Delaware Statutory Trust (DST) or Tenant In Common (TIC) to partner with a syndication. Anyone have experience w...
Hey guys, my dad had opened an LLC a few years back in 2021. We had opened the LLC in the state of PA. Can I use this same LLC in other states like Cleveland, Indiana .... An upcoming payment is due. The business will...
http://www.deseretnews.com/article/705340463/Stimulus-jobs-overstated-by-thousands.html?pg=2
This shouldn't come as a surprise, but new facts show more misrepresentations from the current administration. This is hard...
I haven't seen anybody write specifically about this before. After looking at hundreds of thousands of dollars in suspended passive losses, I'm planning to provide substantial services on my next house hack. This soun...
We just set up our LLC in Illinois to flip houses. I'm preparing to file for our EIN with the IRS and need to decide if we want to be taxed as an S-corp or partnership. I'm all for S-corp except for the requirement ...
Hi BiggerPockets community! I am in the middle of a deal and wanted to ask you guys if everything is kosher in this particular transaction before proceeding.My partner and I got our first wholesale lead by doing direc...
Here is my situation. My conventional loan is 172,900 - it appraised for $190k and "off the record phone call from the appraiser to my broker" the appraiser mentioned that all the houses in the area are going f...
I have a vacation home in the hands of an administrator, but I really wanted to learn how to manage, as I am getting two new properties for vacation season. Does anyone tell me a first-time course? books? I need what ...
I am looking to purchase a multi family in my area, ideally 4 units with an FHA loan at 8-10% down. I’m 18 years old and going to school for business administration. I have 2 major connects in real estate, one is a po...
Hello. My name is Phil Richards. I have zero experience in real estate. I'm from Plainview, Texas. I'm currently working in administration for a privately owned family medicince practice as the Human Resources Directo...