Ben Foullon
Holding Company Question
Hi everyone! I have an LLC and a friend of mine has an LLC. We formed a holding company where both of our LLCs are members. Are we able to transfer our funds to each other's LLC without worrying about taxes since they...
Carolina Cruz
What Renting websites can I use?
Hi! Is there a site that I can post rentals that would also post on other sites?
Thank you!
Ali Sheik
Hypothetical scenario
Suppose one purchased a 4 plex for $400k and took the standard depreciation for 27.5 years deducting $300k for tax purposes. If I am correct then anything sold above $100k ($400k-$300k) is taxable taking into account ...
Jegan Basha
Empty land for investment purpose
Hi friends. I am currently searching for a empty land for investment purpose . I am feeling confused where should I buy the land (urban or rural area).What are the criteria I should look for before buying a land to av...
Raul Salmeron
Passed RE test searching for a small investor friendly brokerage
Hello bigger pockets community, I wanted to thank all of you for sharing such a great information about real estate investing. I wanted to start that I am new to real estate investing. I work in the property managemen...
Rai Baez
Is financing possible with new line of work?
Hi good afternoon everyone. I really appreciate any advice given. My husbands fico is 640, after working in a dairy farm for 14 years he changed his job field to construction work. Now he makes double what he was maki...
Devyn Grillo
Need Seattle Housing! Help!!
I’m in college in Bothell, Washington looking for an affordable house I could get an FHA loan on in the next few months. Does anyone have any ideas? To buy a place, the cheapest thing is still 200k-300k which is still...
Vijay G.
Condo contact with no inspection contingency
We signed a condo contract with no inspection contingency. We deposited 4k on earnest money deposit. Seller allowed us to perform inspection(for information purpose only) and we discovered few issues(window not shu...
Tina Peters
Proper accounting methods?
Hello BP community.....I'm looking for guidance and recommendation for best practice in how to account for property equity and principle payments. Currently for tax purposes, I track all mortgage interest etc, however...
Tinia James
Do I need a LLC?
Hey everyone, my name is Tinia and I am new real estate investor interested in wholesaling properties. I just wanted to know if it’s necessary to start a LLC before my first deal and have a good business structure ? O...