After reading lots on this forum, I realize that I do not need to create an LLC but an S-Corp for purpose of (personal liability protection only) . Since the taxing will pass through to my personal income thus the sa...

Hello. I own an inherited property in Florida. I inherited it in 2010 at a value of 192K, 10 years later the house is valued at 439K. How can I calculate the capital gains tax?

Hi All,

I"m looking for a 95-100% LTV HELOC company on a primary residence.  I already have a LOC with Tower Federal Credit Union, so I cannot use them.  But I'm looking for a company that will do a HELOC on a new ...

Hi I am trying to learn more about property developers. When a property developer finds an old property in a historic district of an urban area that currently has many code violations not safe for human habitation, is...

In my planning for retirement, I estimate my family annual expenses to be about 100K. I want to know how much do I need to clear in rental income to be able to cover that.
Obviously, the depreciation should make the ...

I have finally gotten around to setting up an LLC. I have properties in several states now and am looking to move them into a single LLC. I was told that in FL, I would need to register with the state to do business b...

Greetings All,

I am new to the real estate investing world, planning to make a purchase this summer. I was curious about how rental income is taxed, specifically in the state of GA. Does anyone know the current rates...

Hello BP,I am planning on selling my primary residence in the near future which has plenty of equity built in. I understand that, as I plan on reinvesting the money, I need to use a 121 exchange to dodge the taxes. My...

Greetings BP family! Newbie here, soaking in the collective wisdom.I was googling passive income the other day and learned that you can earn up to 80 k and not pay federal income tax. Is that true?

Hi BP,Just wondering about this quick question. I hope to learn more about the 1031 exchange and was wondering if it is possible to sell a property in CA, apply for the 1031 exchange to buy a property in another state...