My wife and I have been renting my deceased grandparents home from my parents (inherited 4 years ago) for the past 3 years. They were going to just sell it but being newly married, they let us live there and just pay ...
I have a strong interest in Multifamily syndication but currently lack the capital, network, skills, and experience to be successful in the space, I was looking to start at a CRE firm as an investment associate to gai...
Hi everyone! New investor here, I am seeking for some help to make sure I am not missing something in the partnership I am entering into with my Mentor. My friend who I have know for 5 years is 65 has a successful r...
Hello Everyone:
What a great site. I just read the comments in a "how did you get started?" thread and gained so much insight that I had to join and get involved.
I'm just now entering real estate investment for di...
BP,We are buying a rental property in Seattle, Washington and our family would like to invest with us. They will be giving us $50k towards a $600k property. It is not a "gift", they want their share of the income and ...
Greetings BP Fam! I am a newbie looking for advice (and local connections) for my long awaited entrance into REI. Some backstory:I am a NYC native, my fiancé & I are both employed with good pay in the film & t...
Does anybody have any experience investing in a REIT? How much is needed to start investing? Can you invest a small amount monthly? Is it easy to pull from if you wanted to purchase property?
I spoke to my CPA today who said that an LLC is more hassle than it's worth if I don't intend on having any business partners. He explained that if the real estate documents are appropriately drafted on the front and...
I have a single family residence that I initially purchased as a primary residence, then rented out for some years, and now use as a primary residence again. During the period as a rental, I depreciated approximately...
Hi All,If someone moves into a property, (a single family - for example) that was purchased through a 1031 exchange years after purchasing it, what would the tax consequences be? To clarify: the purchaser never had an...