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I sold a rental house in 2015 for a 55K gain (after subtracting costs of sale, upgrades, etc). Depreciation recapture was painful. When I finally got a TurboTax Premier and modelled the sale, I was surprised the gain ...
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I'm wondering if the group can point me in the right direction. I recently purchased my first rental with a traditional loan in my name. I recently got it rented and wanted to put it in the name of my LLC, so I filed ...
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I seem to always hit a snag when trying to get a loan for my 11th property. I have a few that I would love to get loans for , but seems like the interest rate jumps when I get to #11.Does anyone have other options wi...
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Hi All! I'm new to bigger pockets. I've been investing in apartments for the past year. I invested in one deal as a Limited Partner and one as a General Partner. I'm about to invest in one more as a GP. Usually all de...
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Thought it would be interesting to see what everyones % of their net worth is in Real Estate.Also, how does your RE allocation break down (sfr, multi, debt, syndications, etc).I find it interesting that most wealth ad...
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I'm a relatively new investor with three SFR's, looking to buy #4. I've been advised by my CPA to create a separate LLC for each property, along with individual business accounts for each. From what I understand the L...
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Hello,I recently put in an offer for a condo that I plan to rent out to tenants (I will not live there), and would like to know if I need to purchase condo HO6 insurance since the HOA provides an "all-in" master polic...
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Hey All,I have some opportunities for new construction duplexes and wanted to get some insight on investors or homeowners that has experience with this type of investment.
What have been some of your experiences?
A...
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I own a restaurant/bar in two buildings. I it's been open 11 years. I just set up the restaurant in a s corporation from an LLC. Right now the buildings are in my name and rented from me by my restaurant. I getting m...
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At what point do you start qualifying for commercial loans? When you buy something more than 4 units?I ask because we have an LLC and want to transfer then from us to our LLC at closing. But then at some point with BR...