So, I'm active duty military with rentals held under my name and an umbrella. I'm going to start flipping. I was going to start an LLC because I was told that it will limit my taxes to 15%. Currently I'm in the 25%...
My partner and I have formed an LLC. We have 3 properties that we are trying to transfer into the LLC through a Quit-Claim deed transaction. Simple enough. However two of the houses have financing on them through a ba...
I've seen posts about renting to myself for tax purposes but I does anyone know if I could set myself up as a tenant and make rental payments for my personal property and if I were to do so, could I report the payment...
I'm planning to get involved in a few apartment syndications as a passive investor, potentially doing a small apartment myself few years down the road if I learn enough. Is it necessary to form a company or do an LLC ...
My wife and I live
overseas ~40 weeks out of the year. We visit our former home area the other 12
weeks (4 visits x 3 wks/visit) to manage/renovate/grow our 7-property investment portfolio and to tend to personal ma...
Hello, I am new here and looking for help. If this is the wrong platform forgive me. I am an active three year STR investor with 4 current STR properties. In January of 2023 my business was sold. :) Unfortunately,...
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 ...
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...
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...
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...