Tom Shallcross
Enterprise Zones All Over IL - Exempt from Sales Tax on Materials
Chicagoland and Illinois investors - this has come up several times in conversations so I wanted to post it here to ensure everyone was aware of the opportunity to be exempt from sales tax on your building materials.I...
Kristoffer Bergen
First Tax Filing for LLC - DIY?
Hi all. I would like to know if I can file my LLC business tax return myself? Here are my details, which to me seem as simple as possible so wondering what my options are.Set up LLC in Jan 11, 2018 - WA is home addres...
Hen Ley
LLC for your personal residence with rental ADU?
Is it advisable to place your personal residence in an LLC? What if you have a rental on the same lot as your personal residence?
Danial Qureshi
Planning my next Two Years in Real Estate Investing
Hi BiggerPockets Community,I need some help in figuring out what my possible next steps are and just need someone to talk to since I don't know of anyone in my current situation.I plan on moving to Chicago to get my M...
Jason Shim
$250K Home sales tax exemption
My wife and I are thinking of selling our primary residence in 2-3 years. we live here for 20 years. If the market continues the way it is, we are looking at a $1mn gain in 2-3 years. if we sell today, our gain is ...
Austin Faux
How to do Mobile Home Comps?
I've never done a mobile home deal, but I found a motivated seller. How do you comp Mobile Homes? I have checked the park rules on tenants restrictions, and basically I could lease option it to the end buyer. I'm t...
Jarid S. Johnson
Self Directed Retirement Fund
I have been hearing and learning more about Self Directed IRAs. My CPA suggested I look into a ROBS account, (Roll Over for Business Startups) but I have to form a C Corp in order to do that. I currently have an LLC.I...
Gerry Rae
Is wholesaling legal in AZ?
I keep seeing articles all over the web that offers both yes and no answers to the question "Is wholesaling legal without an RE license?". Does anyone actually know definitively?
John Hall
2 Year Capital gains tax question
So my GF is going to be coming up on 2 years in her house, I'm talking with her about renting it out after 2 years, and then buying another house to live in for another two years.
My question is, does the capital gai...
Ethan McRae
Should I make an LLC for my partnership?
My business partner and I are interested in house hacking together for about a year before moving out and renting out the property entirely. I would like to know if we should form an LLC given our situation. Of course...