Giovanni Luna
Non profit 501c3 parenting a subsidiary LLC
A friend of mine has a church legally established as a 501c3 and I have been thinking about forming an LLC. I then had a thought while talking to him, what if we used my LLC to hold assists for him, then there could b...
Blaid Butler
Probate, 60k equity, first time home buyer, tax mitigation
Hi everyone,First time posting and am new to this world. I have an opportunity to buy my grandmas property at 341k and is valued at ~400k. We will have to go through probate to become administrator. My questions is, a...
Arcinio Arauz
The Dodd-Frank Laws
"THE CONSUMER FINANCIAL PROTECTION BUREAU HAS PUBLISHED THE FINAL REGULATIONS ON THE DODD-FRANK LEGISLATION AND IT WILL AFFECT THE WAY REAL ESTATE INVESTORS WILL DO THEIR BUSINESS ONCE THEY KICK IN."
This is a quote ...
Tamka Brown
Taxes advice needed please?
Hi Bigger Pockets Fam,I was listening to Grant Cardone youtube channel on how to turn taxes into income this morning and something stood out to me. He mentioned multiple ways to save on taxes but one thing he said th...
Chris Laird
Best ways to bring capital from overseas back to US
I’m in the process of selling a property in Australia, where due to it being my primary residence previously there is no capital gains tax due (similar to the exception here). I’m a dual Aus and US citizen. I’m now li...
Terry Pratt
Rental property taxes
This post is intended to be more about real estate than politics, but I didn't notice a more appropriate RE forum here.
In many but not all states, owner-occupied homes are taxed at one rate and rental properties are...
Gus Moreno
California Sub2 startup question
Greetings everyone,
First of all, I must say that I am very impressed with the amount of useful information that can be found on this site. I recently started reading and learning about RE investment specifically Su...
Louis Schmidt
Michigan Primary Residence Rental Taxes
Hello!
I currently live in Michigan and am looking at moving out of state. I would like to keep my current residence and rent it out. Is anyone familiar with how the taxes work on that? Obviously my taxes are homeste...
Shawn Murray
Sell or Hold in Washington, DC
Hello Everyone! I'm new to the boards and present a real estate dilemma for your consideration.I own a rowhouse in DC (H St NE neighborhood) but relocated to San Diego a few years ago.Paid $359K in 2010 and like most ...
Phillip T.
Philadelphia transfer deed to LLC
Hello all , I have a rental property in the Philadelphia area and looking to transfer the deed into new LLC. I have read on forums that QuitClaim is the process to transfer to LLC, does anyone know if I will need to...