Chukwuemeka Ogbonna
Just bought my first New Construction Deal......Now what?
Hello All!
As you can see I just bought a new build, but the catch is, the house will not be finished until May 2021. I have spent basically all of this year procrastinating to break my apartment lease and pull the t...
Matthew Free
Moving a Property into a LLC
Recently pur hased our first rental.How do you properly move a property into a LLC without triggering a "due on sale" clause or creating other unintended consequences?I am talking with an attorney tomorrow but how ha...
Kendra Ellis
2018 Capital Gains Rule Change
My CPA is telling me that I can no longer sell my primary residence after 2 years to avoid capital gains tax. Is this true? Our 2 year anniversary in our current home in next month, we are ready to pull the trigger an...
Rob Bianco
Buy More Rentals Now or Later?
My family and I are planning to upgrade our living situation in a few years but we live in a HCOL (New York City) area so it’ll probably take that time to save up the down payment. Originally, I had thought that it wo...
SHANELLE SHERLIN
Using a SDIRA on a joint venture property with financing
Hi all,I am looking to set up a self-directed IRA with money transferred from a previous employer 401(k) to invest in a duplex in OK. The purchase price is $250K and I would be going in with a partner, likely by creat...
Gary Wong
Primary Residence
I am a new investor just started couple months ago. I always have the passion for it but just never pulled the trigger. I finally pulled the trigger in December 2014, turning my primary residence into a rental and bec...
Tina Jenkins
401k & Investing in Realestate Portfolio??
I currently work for MMR Group I just formed my first LLC with the intentions to build my real-estate portfolio for retirement and income purposes. I have one property listed under it not generating income at the mom...
Charrand Jones
Putting property into a LLC
Good morning,I was trying to put a property into a LLC. Would I need a lawyer for that ? Do I have to contact my lender first ? Or is as simple as signing the deed over to my LLC
Account Closed
Getting a HELOC on a Sub2
Gooood morning Biggerpockets! I currently have several properties obtained "subject to", and am currently exploring options to utilize their equity to fund other non-RE projects. While my POA on the trust allows for i...
NA NA
Forming LLC with SD 401K
Can an SD 401K be used to establish an LLC with another non-disqualified individual? LLC would be funded say 40/60 for example purposes, between 401K trust and non-disqualified individual. Apportioned income, gain...