Binesh G.
Help - Transferring properties from personal to LLC
I have 4 properties in DMV area. I would like to transfer the ownership from me to my LLC (I am the sole proprietor). Can someone help me understand the following? What is the process to transfer properties to LLC?Doe...
Bill Dickson
Why is a LLC is important for your business?
Where do you go in your county to apply for a LLC.?A LLC has so many tax advantages for your business. So why doesn't everyone? Even as a wholesaler you need advantages.
Jawei Kuo
Looking to Convert a Detached Garage/Backyard Storage into an ADU
The property is a residential property situated on a 1 acre lot in Sacramento County, California. It includes a primary residence, as well as a detached garage/storage area in the backyard that I am looking to convert...
Boris Shakhmurov
Foreclosure Prep - Help Needed with Liens Due Diligence Review
Good Morning all,I am completing due diligence review as a prep for Foreclosure Auction and was hoping to get some assistance from the BP team/members. I was able to find information online for the following:1. Licen...
Rich Hupper
Foreclosure and Medicaid
The subject of medicaid and real estate continues to elude me. I have yet come across another deal where the decision maker is in the nursing home and someone wants to buy her house. To complicate the matter, her hous...
Bryan K.
Refinance an investment property purchased with cash thru an LLC
Hi all, 2 of my business partners and I are set to close on an investment property in Chicago next Friday. The seller already had an all-cash offer, and it was a great deal, so we looked for a way to beat out the oth...
Robert Posta
Attention: Beware of Non-Bank Fintech Apps
Attention: Beware of Non-Bank Fintech Apps
I hope this message finds you well. I'm reaching out to share a cautionary tale based on my recent experience with a fintech bank issue involving Yotta and Synapse. Currentl...
Aaron Kaplan
1031: single private owner --> LLC assistance
HELLO BP land: there must be many many folks whom have done 1031s here and many attorneys and CPAs but I wanted to know...we have a SFR title is in wifes tax ID (we live in WA but house is in CA [where we used to live...
Sinil Kim
Invest out of states. Do I need visit before making an offer
I’m a newbie, living in New York City.I can’t find properties make possitive cash flow near my town. What city should I look at?If I find a property remote area, shoul I visit the property before making an offer? Shou...
Jackson Mayer
Pay other State's Income Taxes on STR that I manage, not own?`
Good morning! We own a small business in Florida where we manage 25 doors for STR. We are looking to expand into some other states that have state income tax, but not exactly sure what that looks like for state taxes....