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Hi -
May be a stupid query - but aren't we all learning !
Since we are moving and buying house in another city - we are trying to put the present house for rent - will this house ( rental) be considered as my inve...
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For purchasing properties (buy and hold) with a business partner (not my spouse) is a general partnership or an LLC the better choice?I've always thought an LLC was the way to go, but we were chatting with a lawyer an...
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Hi, I am a Canadian looking to start investing in buy and holds (small multis, 2-4 units) in Ohio in the next 6-12 months. I've heard about the main benefit of an LLC being that you're farther away from personal liabi...
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I have noticed that Tax exemption for real estate professional status. I would like to know more about what this implies and how do you obtain and record what it means to be a real estate professional.
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Hello,
What are all my flippers out there using as their entity for flips? S-Corp or an LLC?
Can you list the pro and cons of each for this specific application (flipping)?
I have heard S-Corp you can potentially ...
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I've performed searches on this topic and cannot find anything definitive regarding my inquiry, so posting my own.
What will be the depreciation recapture tax rate I have to pay when liquidating a rental - flat 25% o...
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I own a Fourplex and occupy one of the units in Oregon. This is my only multifamily property. There is a "No Pets" policy which my tenants are aware. One of my tenants presented me with a Doctors note for a compani...
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Hi,
I currently own three multifamily homes in Jacksonville Fl. I'm new to this site, so if I leave out any needed information please let me know.
I will be relocating for work in 1-2 years out of state...
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Hi! BP friends,I'm located in New York, Queens area. I'm first time home buyer. I met with a seller who is willing to do 'subject to' to sell his 1.7 million 4 family house but we both don't exactly know how does it w...
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So, I have a property that is held jointly by my husband and me (title is in both our names). We'll be selling this as part of a 1031 exchange, and I would like to take title to the replacement properties in a LLC (wi...