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I need to infill a few units and I'd like Uncle Sam to help. Anybody know of a successful strategy to accelerate depreciation on a unit or two? I'm currently a sole proprietor, not a C-corp.
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Hey BP,
Looking to make this a sounding board for inspiration for how others have partnership arrangements. Starting to scale with my partner and we are looking to settle into very detailed terms of who does what, an...
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Has anyone ran into this problem and if so what did you do...I am trying to set up an LLC for our rental in Wisconsin. The rental is in Wisconsin but we are not. When trying to set up the LLC the department of finance...
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Looking for recommendation for Self Directed IRA with checkbook control custodian. Prefer lower fees and few hurdles. Thanks all!
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Investment Info:
Single-family residence fix & flip investment in Winnetka.
Purchase price: $350,000
Cash invested: $100,000
Sale price: $420,000
When I bought this house to flip, it was pret...
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Hey BP community,
I'm looking for a RE attorney to help me move a couple properties to my LLC, rather than keep it under my own personal name. Is there an attorney that you recommend for this situation?
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We have a quadruplex under contract and looking to close this property in two weeks. Currently 4 units rents for $750 and one for $800 as they have washer/dryer. Owner pays the water bill as there is only one water me...
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Hello fellow investors,For the last month I've been researching and educating myself on the topic of real estate investing and found it extraordinary. However, I live in Uruguay, and the housing market as well as the ...
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Need feedback from everyone. I have read up enough on Qualified Opportunity Fund/Opportunity zones that I feel I can create the fund myself but i am a little hesitant to make a mistake. I intend to 1. Create a LLC wit...
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Hey BiggerPockets Family,
I'm diving into a new venture in San Diego and could use your expertise on the financial setup. Here's the breakdown of our project:Acquisition Cost: $1MBuild-Out Expense: $1MFinancing Overh...