I have a question regarding 1031 exchange. I want to transfer my 1031 exchange property (individual own) to a multi-partner LLC. Can I do it, and is there anything I need to know?Thank you for your answers.
Hello again BP! So, I really want to take the advice that Brandon has said a couple times in the webinars I have seen. "Practice finding a good deal," of course he says a lot more than that. I do plan on getting a pro...
I spoke with a CPA and he said it would make no difference gifting my mother's home(I have PoA) into my name or my LLC in regard to taxes. Is this true? This seems off due to what I've read about write offs and depre...
Hey all! I'm interested in networking to build relationships with investors in the Winston-Salem and Greensboro markets here in NC. If anyone has any advice or tips, it would be very much appreciated!
So I've new to BiggerPockets and would like to use it more often. I notice there is a lot of local people (St. Louis) that are BiggerPockets members. What's the best way to leverage this tool for networking? Can I fin...
I am considering joining LU in Houston as a Preferred (PIG) member for MF investing and would like some feedback on the actual mechanics and timeline from signup to cash flow from someone who has been through the proc...
Hi! Is transferring 100% interest from one single member to another single member a taxable event somehow? Does there have to be a "purchase" of that membership interest by the new member for some dollar amount fr...
Good morning. I would like to recommend to the owners of this site that they consider introducing a capability/tool within this site that BTW I would be happy to pay for and I think others would to. I think it would...
Hi All-
A few years ago I did my first 1031, selling a condo in Brooklyn and doing a 1031 exchange into a multi-family syndication in Atlanta. I purchased a Tenants in Common (TIC) interest alongside a syndicator (I ...
From the time I was 12 years old mowing lawns my mom would always take half of my money and put it in a savings account for college. At the time I hated it, as I hard to work twice as much to get the things I wanted. ...