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Hello all,
I am purchasing a property as the Principal, in my name. I am also acting as the buyer agent. Per Wisconsin code REEB 24.05 - It states...
A licensee acting as an agent in a real estate or business oppo...
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Hello Everyone
I have to move out of my house due to job reasons. I am planning to rent my house. The house is on mine and my husband's name. I created a LLC with me being the only member on Sep 21st. I created the ...
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I plan to start doing wholesaling deals. I am going to have two others working with me, an assistant and a negotiator. I plan to expand into fix and flip and rental properties. My question is do I need to establish...
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I would like to hear thoughts from Canadians how they set up their entities in the US and why they decided on certain structures based on investment/exit strategies. I have seen LLLPs used, LP used, LLC owned by C-Cor...
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New Pro member in Phoenix, AZ. Just filed personal tax return for 2017. LLC holding our first 4 plex was filed a while back. I was surprised to find that depreciation was not deductible and loss was not reported as...
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Hello,I am looking at a deal that has a swimming pool. Regular size. Not crazy big. 26 units. US Southeast.- What are your thoughts about having a swimming pool in small multifamily buildings?- What are the cost to ma...
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I am looking to do BRRRR and will use hard money lending at first. Given this, I am going to be creating an corporation in the state where I will be buying properties (Florida). I am confused if I should be going to S...
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We recently sold a rental property in Seattle and have netted about $250K that we plan to reinvest in a market with better returns. However, we are struggling with whether to reinvest this money as cash or to pay dow...
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Hi BP folks, I am looking for some professional advices for tax deductions on real estate investing. Right now I am hiring my father as a handy man, so in order for me to deduct those expenses do I need to have an LLC...
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Hello,BRRRR makes a lot of sense to me, except that there's one part I cannot figure out: getting the mortgage. How are you getting the mortgage? in your name or the LLC that owns the properties?If you are getting it ...