Peter Lee
Capital gains or ordinary income?
Say if I entered into escrow on a property, went through entitlements, and put in money to develop the project, and upon successful achievement of entitlements sold the property for a higher price than what I was in c...
George Bittar
Empty Home-Deceased Owner- No Bank?
Not sure if this belongs in this section of the forum, but the lead came as a referral from someone on our DM campaign.
I contacted the local tax office and they could not provide any other information other ...
Andrew Butler
Rich Dad Poor Dad Question on taxes
Hi everyone,This is my very first post and i have a few questions. I just started listening to the bigger pockets podcasts and i am now obsessed. I love learning and trying to educate myself. It quickly became evident...
Bryston Wisekal
Reccomendation for property repairs prior to sale
I am in the process of listing a rental property that I purchased a few years ago. The property is currently leased with a few months left on the lease. My realtor has informed me I have about $3k in repairs needed to...
Sterling Wyatt
Is debt the new asset?
Was listening to podcast by George Gammon and Robert Kiyosaki recently. They made the comment that with high market valuations for most RE right now, and record low interest rates, that the debt is now the asset, and...
Arif Khan
Commercial note buying forms
I would appreciate help in locating note buying related documents, Note listing agreement, purchase agreement etc. ... I'm working with an investor/ 2nd lien holder to sell a note for a motel in California. Thanks,Arif
Thomas Mofokeng
Expansion of BiggerPockets?
I’m really enjoying the BiggerPockets platform and have learned so much here. Have you guys thought about expanding beyond the US borders? I know the US real estate market is in many ways similar to a lot of real esta...
Ken Moyer
Should I be 2nd on the mortgage
Hello everyone,I’m new to Real estate investing (own 2 rental properties). I recently connected with a couple who is doing fix and flips in my county. I saw one of their properties and was impressed with the rehab.The...
Edita D.
LLC creation: CA or NV?
Hey guys!
We live in CA, have a properties in NV and CA.
We want to put our properties into an LLC, and Nevada and Delaware offer lowest rates. I was advised though that if your LLC operates in a state (CA) different...
Ross Stegall
Active / Passive Partnership Contract
Hi all,
I’m looking at investing with a partner and I had a few questions I was hoping the BP community could help me answer. So, here’s the details:
My partner will be the passive/ equity investor and will be contr...