Christi Gonzalez-Dickinson
TOT charge on Airbnb
Airbnb does not let you add a charge for tax, what are your suggestions on incorporating this into listing and pricing?
Mathew Deines
Californian wants to buy Ohio property - Entity help?
I want to buy rental units in Ohio and I currently live in San Diego, CA. If I am keeping my 9-5 job and only collecting passive income, do I need to register/create a LLC in California and Ohio or just Ohio? My long ...
Samuel R. Harden
Worst State to LLC
I thought California had to be the worst state to LLC in ($800 annual Fee and a small amount of tax), but Tennessee seems to be even worse ($300-3,000 annual Fee, a small franchise tax, and a big 6.5% excise tax). Any...
Brandon Elliott-Pandey
How to get money out of your 1031 exchange! LEGALLY :-P
I had a thought the other day and after asking around from a handful of agents, seems like this is possible. I am a REALTOR and have property that I am interested in 1031'ing. If I pay a buyers agent fee and sellers a...
Justin Vincent
Condo pro-forma
I'm looking at acquiring a condo for the convenience of having a place close to work that I can rent out in the short term future (3-5 years.) I have a back of the envelope pro-forma analysis in excel that I use when ...
Khloe Renee Williams
Tax Sale Property...Do I really need to hire an Attorney?
I purchased my first tax sale certificate and would like to know if it’s 100% necessary to use an attorney to foreclose on the property? I’ve done my research and honestly feel I can handle the process on my own. What...
Andrew Gudmunson
A brief overview on taxes
I just put an offer in on my first rental property! I’ve been back and forth a little bit with the sellers and it seems like we settled on terms that work for both of us! I’m super excited but I have a lack of knowled...
Daniel Levine
Help looking at multi family deal
Hi all, I am struggling with the analysis on this one. I am looking at purchasing 3 multi families from the same owner. The only way the deal will work is if I purchase all 3. My biggest concern is that two of the pro...
Jahneeva Arnold
Tax delinquent wholesale
Guys, I went and got my list of tax delinquent properties but I don’t understand how the process goes when buying getting it under contract with the seller. I know I tell the seller that I will handle paying back the ...
Sherwin Gonzales
1031 Exchange Reinvestment Requirements
Happy Friday BP universe! I've got a 1031 exchange question...Do i have to purchase a replacement property equal to my sales price or just the amount of my capital gain?Say I bought my property for 400k.I sell it for ...