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...
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 ...
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 ...
Would it be a good strategy to propose a non-exclusive option contract just to get equitable interest in order to legally attempt to sell a property while not tying up the seller? Its seems like a no-brainer to me but...
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 ...
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...
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...
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...
This is totally new for me. We purchased a condo in Westland yesterday for $8,000. Westland is between livonia, garden city, redford, canton, northville. The people that sold us #15 rental (#15 thread ) referred us to...
I'm divorcing my husband. We have a beach house in North Carolina that's under water to the tune of $150,000. A short sale is out of the question; we make too much money. A commercial broker and CPA friend has suggest...