Hi all,I’m buying a new house. If I keep my existing home as a rental, how long must I hold onto it until I can sell it and use the profits in a 1031 exchange?Thanks!
I was under the impression that if you buy a property at a tax sale the only liens that survive are the government liens. These would be IRS, Dept of Revenue, etc.. All mortgages, HOA, 2nd lien holders, would be wiped...
I ran across Jason Hartman's website/podcast and am intrigued. Is there anyone here who's bought properties from his company that could share their positive or negative experience with me?For what it's worth, everyone...
Hello all,so I have been struggling to find a good tenant. I won't go into the challenges but finally found somebody good. They have a ESA dog that my insurance doesn't cover. Is there anything that can be done ? Or I...
Hello BP! This is one part success story, one part discussion prompt. This morning I threw a hail mary and it went for a touchdown! Didn't even have to push the defender to the ground, as you normally do in a hail mar...
Investment Info:
Single-family residence buy & hold investment in Panama City Beach.
Purchase price: $380,000
Cash invested: $65,000
Beating a $1M proof of funds and an uncapped escalation clause...
I have currently set up an LLC for my rental properties that my wife and I own in Ohio. I am setting up the business bank accounts and need the EIN. When I apply for this online with the IRS is it possible in Ohio to ...
Hello Bigger Pockets community,My name is Dan, and I have been an avid listener since late last year, and made my first jump into real estate/STR this year after holding off for some time. I am in a bit of a sticky an...
Hello. If I want to get into real estate investing particularly owning single family homes and renting them. Do you recommend that I set up an LLC for each property or one LLC for all of them?
I understand some state are better than others.
I'm looking for best interest, short term redemption period.
And any advise on states that have penalty vs interest? I hear these are a good investment.