I'm a broker and property manager in Sacramento with 100+ Airbnb properties in my portfolio. Today I had a new situation and obviously can't advise on tax/legal matters, but hoping to get some insight from the communi...
I'm considering investing in two private REITs within a self directed Roth IRA. The specific funds are DLP Lending Fund and DLP Housing Fund. They invest in 1st position real estate investment loans and direct real es...
Hello,
What is the difference between the two or are they treated the same by the IRS? I keep getting different answers and I just wondering if someone could clarify.
Thanks,
Lauren :lol:
Hello all, So I finally closed on an occupied property, home was owned by husband and wife, the wife is willing to sign a cash for keys agreement but the husband is no where to be found, wife says last time he has see...
When filing taxes with multiple LLC's, I am assuming each entity requires a return. Does each LLC require a FEIN or can it be filed under the owner's SS# ?
Hello,We are looking to chat with anyone that has experience converting a SFH into a multi family. We are also looking to talk with anyone that has gone through zoning, conditional use permit requests. We have a doubl...
Hey BP Community,Long story short... before BP I received some "bad" counsel from a CPA to put our properties in an S-Corp instead of an LLC (properties are in Sacramento California if that matters).Fast forward 5 yea...
I couldn’t decide on Phoenix metro for the growth, or Tucson for the affordability but then I discovered Coolidge AZ which is in between both markets. The “path of progress” is to infill the Phoenix and Tucson markets...
Hello,I recently just put some properties under contract with an investor. This is both of our first deal, so we are unsure as to how to structure the partnership. He supplied the funds to do a cash offer, so the prop...
Hello,I have a rental property that I eventually would like to leave to my two daughters, and I would like to place it in a trust for them. I also would like place it in an LLC in the meantime to protect my other pers...