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Hey, so I'm very green here and this is actually going to be my first official post of many more to surely come!My question is I've been hearing that it's beneficial to form a LLC in another state that offers better i...
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Modeling a potential [transaction] scenario and would appreciate feedback/insights on legal and/or tax implications as well as whether each of the options for the overall transaction makes sense ...Property 1 is value...
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Hello BP!I'm in a somewhat interesting tax situation this year and I thought I'd get some feedback on my strategy (having never done it before). I'll be selling a non-real estate asset (portion of a business) for a si...
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Here is my situation. I purchased an investment lot in 1998 for $145,000. I sold it in 2007 for $450,000 and did a 1031 exchange with the proceeds and bought another lot for $475,000 The market naturally has dropped...
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So I have had a seller reach out and we have negotiated a price that’s extremely good deal for me. The challenge is they have a renter that they claim has been in there two years without a lease.
Should I require th...
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Hi,I have an opportunity to purchase a few duplexes via seller financing. I am in the process of conversations with the seller and I want to show them some of the benefits of an arrangement like this. My question is c...
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If I flip a property can I put of paying capital gains by doing a 1031 exchange and buying a new property to flip within 45 days? Secondly, if I do this for two years will I be taxed at the long term capital gains rat...
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A group of investors including myself purchased land in the Midwest which has been developed for sale to be bought by builders. My question is I want to be able to 1031 exchange my proceeds from this development proje...
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I’m selling my California rental property and need some ideas on where to deploy my money. My place is worth $425k and I have a $72k mortgage. After realtor fees etc I should probably wind up with about $310-$320k c...
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I have recently decided to take the leap into real-estate investing. I am having trouble finding the information I am looking for. Can anyone lead me to where I can find all (or most) of the info. Pertaining to licens...