Ryan Chaney
Umbrella Policy VS LLC
Hello there, New to rental investing as I move towards my second property. I know I need to put something in place to protect myself and a prior post brought up umbrella insurance policies as a better alternative to a...
Richard Benjamin Wilhite
How to Find "Cost" Basis for Inherited Land prior to 1031 Exchange?
I inherited 62 acres of land in Middle Tennessee back in 2017. I would like to subdivide the land into smaller 5 acre tracts, sell them, then complete a 1031 exchange. My CPA asked me what the "basis" in the property ...
Saran Mandhadapu
HELP! Looking for a Tax Accountant in PA with Real Estate experie
Hi,I am looking for a Tax Accountant (CPA, EA) in Pennsylvannia with Real Estate Tax filing experience with reasonable fees to file LLC 1065 partnership and personal returns for 2017 tax year. I have 3 rental properti...
Costin I.
Cost Segregation - Partial Disposition and offsetting insurance proceeds
We had a roof damaged in a hail storm and got it replaced and paid (minus deductible) via an insurance claim. This is on a property that had a CSS done on it some 6 years ago when we got it (and placed a new roof at t...
Jacob Cogswell
Why you want to work with the listing agent.
Why don’t I just call the listing agent to make an offer on the house? You can call the listing agent and talk to them, but this is not the best move for you. That agent has a fiduciary responsibility to their client ...
Rojelio Raymond Ayala
First Rental Property
Investment Info:
Mobile home buy & hold investment.
Purchase price: $97,500
Cash invested: $11,331
4/2 MH. 1982 sq ft. 1 Acre of land. 30 minutes north of kingwood
What made you interest...
Connor Allan
Can I do a 1031 exchange?
Currently have 1 rental property in my portfolio for about a year now and recently received an offer. If I accept the offer, my plan is to use some of the proceeds to pay off student debt (which will incur a capital g...
Kumar Paj
Attorney & CPA recommendation- Chicago (Western Suburbs)
Hello BP.....I am reading a lot about Series LLC and plan to put all my rentals under Series LLC. I talked to my attorney and CPA but they seem to less/not familiar with the concept of Series LLC. I know, it is easy t...
Jordin Crump
LEGALITY.Owning an LLC with rentals/notes, just finished Real estate License
I own an LLC that deals in renting, flipping, and note carrying. I just got my real estate license in Texas and now work under a different brokerage firm. Legally, I understand that I cannot misrepresent my company as...
Carly DuCharme
Texas Landlord Forms.....Help!
Hi everyone! We are getting our forms together for our rental property. I am a Realtor in Texas, so I have access to all of the Texas Association of Realtor forms. I know that BiggerPockets has state approved landlord...