Disregard. Bryan Noth was already on top of what I was posting.
Please disregard trying to post this in a local forum. Not sure how to delete!
We (husband and wife filing jointly) are looking for a CPA. While interviewing CPAs to file our 2012 taxes we are trying to determine if we should file a partnership return or listed all of our properties on our ...
Hey BP Community,
I saw a video on Youtube by a BRRRR investor who said he was able to get money out of his BRRRR in just TWO MONTHS with his strategy. The LLC he controls bought a property for $140k and put $15k of ...
Hey BP,
Could someone give me a run down of how 1031 exchanges work? I understand that the benefit is you do not have to pay capital gains tax, but how does it work exactly? Any feedback would be great.
Thanks,
Tom
My partner and I are unmarried, own some rental properties together, and want to set up asset protection. Deeds are currently in our personal names and we do not file taxes together since we are unmarried. We have sev...
Do you recommend forming and LLC for each property separately? Is it worth the cost? Also, am I correct if an LLC is registered in a state that has no state income tax I won't have to pay income tax on the rental in...
The 203k seems like it fits, but i can only have 1 FHA loan at a time (i think), which means i have to refinance and convert this 203k FHA to a conventional loan. I think this strategy will allow me to build my multi...
Hi Community member,I am new to this community, and would like to ask some advice regarding a plan I am thinking. Appreciate for any help. Currently I have a full time job, and I make around 200k+ a year. I am thinkin...
I just bought a SFH through my LLC and I'm still not sure if I'm going to flip it or rent it. One thing weighing on my decision are taxes.
If a single-member LLC owns a property, rehabs it, and sells it, are the prof...