Nathan Gesner
Trump tax returns released -what do they show?
NO POLITICAL STATEMENTS!President Trump's tax returns were subpoenad and then released to the public. What do they show? According to the LA Times, Trump is a "real big loser" because his properties all show losses an...
Russ Newland
Buyers Agency Agreement
My wife and I are currently working with a real estate agent to find and purchase a home, and have signed a standard buyers-agency agreement. That said, I have now found an off-market deal that I would like to pursue....
Jon Crosby
Equity Trust Lawsuit
Greetings All, I was recently made aware of a class action lawsuit against Equity Trust (see link here) to which one of the more disturbing claims is, that if found guilty they would essentially be considered a NON-qu...
Dan Lewis
CA LLC or out of State LLC for holding CA property
I'm purchasing a small multifamily property in San Diego and am looking to set up an LLC for liability protection. Do you recommend holding the property in a CA LLC or an out of state LLC entity for this purpose? I ...
Tsering Lhamo
Brand new investor; just bought 2 properties!!S corp or LLC ??
Hi all,I can’t believe I made my first post in September on BP and now closing on 2 properties out of state!!! Excited about the fun journey of Real estate investing!!I have a question regarding asset protection and t...
Son N.
Failed 1031 exchange
I'm thinking of doing a 1031 but the local market is seller's so things might not be easy buying something new that makes financial sense. I have no intention to invest out-of-area and willing to pay cap gain tax if t...
George Rodriguez
What kind of accountant should i use?
Hello. Im going to form an llc and build a rental property portfolio. I dont know alot about accountants and CPAs and bookkeepers or whether they are the same thing or different. But what kind of accountant should i l...
Danny N.
Neighbor Passed Away,Can I trade My Vacation Home For Their Home?
Ok so sadly, our neighbor passed away at the age of 90. We live in the center of town and double lots are very rare, her home is worth about $600,000 lot value and the structure is a home from the 40s worth nothing. A...
Lue C.
Can Multifamily Syndication Deal Do 1031 Exchange?
Hi,I have invested in a multifamily apartment complex syndication deal. The Sponsors said when the Company (LLC) sells the property in 5 years, they would try to do a 1031 exchange and roll the proceeds of the sale i...
Katrina P.
Should I buy this property?
Hi guys,So I am analyzing a 6-unit. Please let me know your thoughts. Personally, I'm not crazy about it. Details below:Purchase Price: $124,900Contains (5) 2-bedrooms and (1) 1 bedroomRents: $3,490 totally rented...