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I need help figuring out how to start out, with my own money, and then turn it over to my LLC. I know that I will have to use my personal name and money to get my first property. After that I want to turn the proper...
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I am merging with an investor who purchased a property as a flip. She is adding me to the deed and I’m paying for the rehab and listing the propery since I am a licensed broker. She is concern on how to split the ta...
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Hi everyone,
I'm looking to become a first time buyer on a duplex and looking for advice/ recommendations for other professional advice. In this example, both sides are month-to-month. One has not been able to pay re...
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Hello BP panel,I have a question about capital gain taxes -I recently sold my (3) multifamily properties, netting me about $500-$800k.I started with the intention of conducting a 1031 exchange (still ongoing with escr...
I have been renting a townhouse near a Baltimore, Md suburb for about 8 years. It's a nice area very close to the local shopping centers and not far from 95. I approached the owner about selling and they are intereste...
I wanted to tap into the advice from the group: we have a property that has turned into rental in early 2018 but was our primary residence for 5 years before that. If the house were to go on the market, would the gain...
RE: Apartment rental management
Due to the passing of a family member, I have come to own a single unit apartment building in a college town. Because other assets of the estate were so large, other family members do ...
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Hi all! I just recently learned what heloc and home equity loan are, and realize we have built up some equity on our primary home.Is there any advice you could share on how we can safely use the equity on rental inves...
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We have just went into contract on our triplex in Brooklyn. My other two tenant moved out without any issues, my third tenant is claiming he cannot get a lease because he is retired. Now for me i would prefer a retire...
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Hello,I try not to mooch info, but I can't get time with a CPA fast enough to ask. I tried.No legal/professional advice assumed, if you reply. Sold a house in June. Meant to be a buy and hold, but sold due to a mov...