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With the current TCJA the estate tax exemption is 11.18 million (single) and 22.26 million (married). Any estate in excess of these thresholds are taxed at 40% in CA. For example, if you are worth 20 million as a si...
What is the best entity structure for a business that buys then sometimes holds and sometimes flips? It's not always easy to know ahead of time if you are going to keep or flip. So it would be nice to just have both...
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Hi guys! Im new to Real Estate & Wholesaling and I was wondering if anybody has tried Virtual Wholesailing? How did you start? What was your biggest challenge? What would be your best tip to give me? And did you ...
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I'm in the market to buy my first investment property, likely a duplex in the Atlanta suburbs. I've been fortunate to have bought/sold my first home and roll the majority of the profit into my current home, so I have...
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Hello BP! I am trying to purchase a parcel of land from a family member, however there are a couple judgements against it one of which is much larger than value of the land itself. County records indicate the parcel ...
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If you have a trust in which your LLC is the beneficiary, is it possible to commingle funds?
From what I've read the trust is the owner of the property and you need a trust bank account, etc... but trusts generally ...
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Hi Folks,I was hoping not to have to write an new post about forming an LLC as there are tons of them on BP, but after reading through so many forum posts and reading articles on both BP and other websites, I'm more s...
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So I'll try to keep this as brief as possible. It’s a long story. Extra credit to anyone who finishes…We purchased a house to live in, and it was a fixer upper. During the construction phase some materials were placed...
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Did some snooping, LOTS of info on LLC and Umbrella policies.....
Honestly still cant pick which one is the better (no one seems to agree), but recently was suggested to try a trust....
The lady mention her parents d...
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I'm currently looking for my first investment property is SLC and I plan on self managing it. A family friend who has properties offhandedly asked me if I wanted to manage his properties. He only has a handful and sin...