John Rankin
Creating an LLC in which state
I currently invest out of state in Indiana. Would it be better to create an LLC in Indiana or my home state? Or should I create an LLC in Nevada for example where I hear has great protection? What if I end up investin...
Edward P.
1031 Help
Hi BP community, I have a few questions to ask about the 1031 exchange in California:Is there a way to extend it from the 45 day period? I know by the 45th day you have to let the exchange company know that you are in...
Michael Liddicoat
How to purchase a portfolio and avoid tax penalties
I'm a realtor who helps investors to purchase income properties. One of my clients is looking to purchase the entire portfolio (51 doors) from a seller. The seller is looking to avoid paying a large chunk in taxes. ...
Joel Owens
Found this on one of my units wall.Unknown as to what it is.Help
Cleaned out a vacant unit today.At the back wall next to the slider doors on the inside is dry and brittle in the pics.Don't see any insects there.
Don't know what this is.Any Guesses?
Yangchen Dolkar
subject to real estate deal from entry to exit plan
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...
Colton Joseph
Best company structure for my situation?
Hello, and thanks in advance for reading!I am a real estate investor in Central Texas, and have thus far been a Sole Proprietor come tax season. We are starting a new family business constructing, and selling Spec hom...
Sheila Steubing
REI GAME CHANGERS Reviews James Hodges
I posted this in wholesaling but I didn't realized this section was here...Anyone heard of or have any feedback on REI Game Changers, James Hodges program?
Jacob Beg
Foreclosure purchase and access issue
Hi All:I am looking for some ideas. I recently purchased a property from a foreclosure trustee sale in MD. In my experience, most of the foreclosed owners cooperate or at least engage in some sort of discussion with t...
Account Closed
do 1031 exchange into a passive income investment.
We have a property in southern California that we lived in for 9 years, but was a rental for the past 7. We want to sell it and would like to buy a primary residence in the next 2 to 3 years where we live now (orange ...
Sam Yi
Taxes on inheritance
I'm posting this in the Investing area since I feel investors will be more knowledgeable about tax implications.I'm trying to sell a family member's (my aunt) house in Queens, NY and convert it into a cash flowing pro...