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Here is my situation. I bought house in 2007 and lived in it from 2007 to 2012.
In 2012, I bought a new construction and moved into it in August of 2012. I kept my other home and converted it to a rental.
I was thin...
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Hello BP, The fees for forming a LLC in NY are breaking our pockets!! We've already created a LLC but do not have the funds to publish in our county newspapers. Unfortunately, we do not have people in our network t...
Does anyone have experience buying turnkey homes with either of these firms. Is their management good? Overall impressions?
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Hello, BP, I was curious if I bought a cash flowing rental, sold “shares” of that rental and paid their ownership of cash flow etc. (30k on a 300k house = 10% of appreciation and cash flow) could I raise 300k and put ...
Hello,
I have a property on my name for over a year. I am planning to transfer the title via warranty deed to an LLC (which I wholly own) before I sell it. Will that impact my capital gain tax bracket, if my corpora...
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My wife and I purchased a duplex in July 2016, lived in it for 26 months before using it as a full time rental, and sold it in September 2020. Our accountant has stated that because we claimed it as a rental the last ...
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I’m looking to do something with my capital but my credit is sub 6... I trusted the wrong “credit repair company” and now my credit is even worse off. Since the time my credit took a ding, I’ve found you people and fe...
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Thoughts? Looks like he was doing some shady deals.https://therealdeal.com/miami/2020/09/30/lawsuit-seeking-class-action-status-accuses-grant-cardone-of-misleading-investors/amp/
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Hi BP!
I was hoping somebody could help me answer who would pay the capital gains on my primary residence after selling.
Details:
-My name along with both my parents' names are on the deed
-I've lived in the place...
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Hey, I’m Sean a 24yr old starting my real estate journey. I would like to know different strategies and different ways you took to build your capital to grow your real estate business.