How do hard money lenders that do not put them selves out to the public and lend only to 3 individuals I know that have LLC's. You pay federal taxes , how about local taxes ? The llc's are in Florida but I live In Tex...

Hi All !I recently read a post made a few years ago regarding property taxes and wholesale deals. I'm interested in getting into wholesale deals. I plan on doing my first deal in my name, then using the funds from tha...

Hey everyone so I might be closing my first deal as an assignment so since its my first deal I really don't know what form of payment is best for me considering I'm young and don't have any tax deductions.

http://www.cnbc.com/2016/12/01/heads-up-homeowners-mortgage-interest-deduction-on-trumps-chopping-block.htmlThe mortgage interest deduction is already capped at loans up to $1 million if you're married and filing join...

Right now my LLC is located in California. After paying an immense amount in Taxes to California, we are deciding to move it to Nevada.

We have family there, so we feel that it is a great move.

With that said, I und...

Hello, BP community. This is my situation: I live in Florida with my parents and want to start investing in Real Estate. I have a good credit score and work for a foreign (Latin America) company. I want to do an FHA L...

Hey All - 
I'm looking for some advice regarding property management. In a recent search for a property manager, she added a line that she gets 15% of the repairs she handles. There is an inherited tenant who is part...

I am just starting out and part oif my plan is to form a corporation. It will consist of me and my wife. What is the difference between a LLC, SCorp and CCorp? Is it just the taxes paid and structure of the corporatio...

Hi all ,

Just curious for those who already own a rental for 30 years plus , I undestand when you sale it will be a huge tax bill to pay. What do you do after owning the property for 30 years? Still renting it out ...

Hi,Over time, I've browsed so many forum topics and now I'm thinking about investing out-of-state.  I thought I remembered reading some advice about income tax vs some other tax in both your residence state and the st...