Hi All,I currently own a rental property that I lived in for almost 3 years. I moved out last year in August and have approximately 2.5 years left to sell it and realize a tax free capital gain. Question is, does anyo...
Hello BP community. Need some advice. I have a SFR that I'm renting for $3,250/mo. I have a couple that looked great on paper. Wife is a teacher making $8K/mo (verified paystubs) in a good school district and the husb...
The (newer) custodian of my SD401k is requesting an annual real estate appraisal for each note I hold within the account. As in, pay for a house appraisal each year for each note.
This can’t be right, can it? Shouldn...
Hi BP family, what is the best taxation status for an LLC with 2 members, s-Corp or partnership?
How does one set up a real estate partnership so if that partnership eventually sells, each member can 1031 exchange their individual share at a future sale?(It is my understanding that typically partners cannot 1031 ...
Hello experts,This is my first time selling a property and need some guidance. Appreciate any help/pointers. I have a town home (Tampa) which I want to sell and do 1031 exchange to buy an STR.Need help with following:...
I have a 3 unit investment property in PA I am looking to sell and 1031 into a 6 unit property. The 3 unit is in mine and my wifes name and we want to buy the 6 unit in an LLC. I was told I can't buy in an LLC if the ...
I am doing a 1031 exchange & looking for replacement property in OH.I heard disturbing news which i want to verify.. that my CA LLC which owns the Calif property i am selling cannot purchase in OH, or may be fined...
Incompetency and Mismanagement by NREIG Insurance
I
am writing to express my deep frustration and disappointment regarding
the recent incompetence and mismanagement displayed by NREIG Insurance. We
have been a ...
Hey fellow BP members,
Long time member but first time really posting (Shame on me! haha). I'm hoping some of you can grace me with your advice with an idea that I have.
So my goal is to house hack my very first r...