Arianne L.
International lending - tax and legal implications
Hello BP community! I have relatives who have expressed interest in becoming private lenders for our real estate business. The complicated thing is, they are based in different countries. Australia, New Zealand, Saudi...
Victor Lee
Any issues with investing in a syndication while on a work visa?
I have 200k currently to invest.I am on a work visa in the USA currently. If I invest with you guys an LP in syndication while I am on this visa and then in 3 years move back home, what happens to my investment and op...
Hardik Joshi
While purchasing multi-family property, at what stage lease agreements are updated?
I am in process of buying one property and wanted to understand how lease agreements are transferred (or have owner name updated). Does escrow handle that along with holding rents/deposits etc? or it need to be clearl...
Alison Brenner
Roofer refuses to provide lien waivers for subcontractor (tear-off crew)
I just replaced three roofs - over $90K total. All payments have been made except for final payment for the third replacement ($20K is owed). The roofing company provided lien waivers for the two replacements that hav...
Jennifer Reinhardt
Buy and Hold Real Estate Pays Off Over the Long Term
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $489,000
Cash invested: $100,000
Quadplex, purchased in 2016. Updated and held. Value has more than double...
Mark H.
Solo 401k Distribution
I am the trustee and admin of the solo 401k plan of my business.What paperwork is required for an employee early distribution to comply with DOL and IRS rules? How do I report it for taxes for both employer and employ...
Jason Bajaj
Selling to a partner and 1031 exchange
We have an interesting (complicated?) partnership structure so wanted to get some opinions from the biggerpockets experts!Partnership structure: 4 partners - 2 American, 2 CanadianProperty: SFR in Michigan, bought and...
Martingale Kim
NY state tax for nonresident
I'm a MD resident work remotely for a company in New York city. part of my tax is witheld for NY state.i did a research and seems that I can't get these refund because there's no treaty between NY and MD, treaty exist...
Kelly G.
Tenant security deposits and unpaid utilities
Greetings;Apparently, my current and previous tenants have failed to pay their water bills, per the rental agreement. My PM knew nothing of this until . . . well . . I'm not sure how they found out . . Anyway - whe...
Jonathan B.
A loan from a foreign investor - Structure (?)
Hi,Foreign national wants to lend a US Entity funds to buy a rental property, no equity split... only fix rate interest.- What is the best to structure this transaction ? on his personal name? under an "LLC" ?- whats ...