Good Afternoon,I have a situation that I'm sure is not all to common , which is a bot why I'm confused as to what to do / my options areA quick rundown of the scenario at hand .....The property I have is a " second un...
I invested some money into stocks and some crypto over the past few years. I noticed that robinhood reports much higher numbers than actual purchases to the IRS. I've never actually sold anything at much of a profit e...
Hi there! I'm new here. My husband is the real guru, and I'm managing the properties we're acquiring. We're currently screening tenants for a duplex. One potential renter wants to pay with her 401k, requesting disburs...
One of my investment properties is in a neighborhood that has petty crime. The neighborhood is taking action to discourage this. The residents started a fund to put up security cameras on a few pointed corners. I wo...
@Abhishesh Acharya and I have presented some, mostly non-googleable, high-level overview of some tax strategies. I understand this might be very technical for some of us. If these apply to you, please research more, ...
My wife and I are selling one property to purchase another. We were doing a bridge loan to secure the property prior to selling our current property. Now we are being told that the funds from the bridge loan will not ...
If someone was married, 1. Are they allowed to make an LLC with two people or does it automatically have to be an LLP??2. Would it be taxed as a Partnership or just go on Schedule C as an LLC business income? Any pros...
Hey Everyone,I’ve been on BP for about a year now but have decided to finally introduce myself. For the past year and a half, I have dived into real estate investing and am constantly learning new things. I started ou...
Hi,
I have been reading the posts and have set aside money for an emergency funds for our rental properties. The funds are currently sitting in a bank savings account earning close to 0.01% interest. I am w...
Estate Planning / Tax Question located in CTMy parents plan on retiring over the next 5-7 years and have 3 rental properties with mortgages on them. They will have the ability to pay the properties off if needed. My q...