Mak K.
Property tax on Recent Purchased property
Hi, I just bought a property in November last year and on my tax appraisal, the property is shown way high. Here are some stats:Purchase price $225kAppraised value as of 2018 was $234kAppraised value as in 2019 is $27...
Simon Stahl
Protest property tax assessment
I just got the 2019 assessment for a tri-plex that I bought in SA last year. Last years assessment was 93k and they want to jack it up to 116k for this year. The purchase price that I payed last May was 104k, but when...
Ryan Christopher
Cost to Start an LLC
I'm building my real estate investing team and recently enlisted the help of a real estate attorney to create a trust and start an llc. I was surprised when the quote to create the LLC was around $1050 (including fil...
Shane Archer
STR Ownership / Management Structure
Hi,My wife and I are relatively new to the RE investment space. I primarily work is as an Asset Manager/Analyst for a Healthcare REIT (3+ years) and have been studying/analyzing single/multi family, STR, MTR and loose...
Franz Isak Bergmann Ingolfsson
Investing in the US market being a foreigner
I have been following BiggerPockets for a year now as well as my real estate in my whole country, Iceland which contains only 360.000 people and I can't see any deals that give a good cashflow, the best thing you can ...
Jim P.
Transfer of nondeductible IRA funds to a solo 401k
I have a Traditional IRA that includes some contributions during years when the contribution wasn't tax-deductible because I or my wife had 401k accounts.Last year I did a rollover of the entire Traditional IRA into m...
Danny N.
Would You Rent A $1.3M Home Out Or Cash It In?
I decided that I am moving to my vacation property full time and am unsure what to do with my main residence. It's in great neighborhood, actually in one of the 10 most expensive zip codes in the US, so future appreci...
Andrew Pettit
Deducting Interest Paid on a Brokerage LOC
Hello,
Can I deduct interest paid on an Etrade brokerage LOC used for a down payment on an owner-occupied home? ThanksAndrew
Rama Krishna
Is it advisable to invest in Low Income LIHTC apartment complex?
Hi All, I am new to multi-family investing, is it advisable to do the first deal on a LIHTC (Low Income Housing Tax Credits) apartment complex? What are the pros and cons? Do we need to pay fewer property taxes if we...
Marquette Richardson
Selling property in Hawaii
Hello BP family!I’m active duty military and purchased a townhome in Hawaii Jan 2017. I’ll be relocating to Germany but I’d like to rent the property out. There’s only one thing! I was recently told that if I’m not li...