Kevin Cobb
Help Transferring a Property - Estate Medicade
Hello Bigger Pockets,I have a dilemma regarding the transfer of a property from an elderly friend of the family to me. This lady is 90 years old and now lives in a nursing home. At present she still has assets and I p...
Devin James
What’s one habit that’s changed your life?
The 1 habit that has changed my life is reading.
Everything changed for me when I picked up my first book.
One of the most powerful lessons I’ve learned is the value of compound effort.
Just like compound i...
Phillip Dixon
Advice on Trust/LLC Banking, etc!
Hello!My wife and I are jumping in head first into a new real estate plan and I'd love some advice on how to property structure our endeavor. We are going from a pretty normal living situation, to a MUCH more complica...
Antonia Powell
Advice on partnering on first deal (primary residence)
Hi all,I am a newly divorced mom living in a very high cost of living area (near Boston) really interested in getting into real estate investing but with limited resources. At this point I am trying to get into a prim...
Celia Moore
1031 Exchange End Games for Investors
Real estate investors will not spend a lifetime deferring capital gains tax by taking advantage of the 1031 Exchange to simply throw in the towel at the end of their “active” investment life. Logically, investors will...
Jeff B.
Inconvience discount for broken refrigerator?
The refrigerator in one of my units quit working last Friday. It is a new refrigerator and is still under warranty. The tennant has been GREAT through this and has moved all of their refrigerated items to a small re...
Festus Emore
Should I acquire the property in my LLC or in my name?
Hello all,
I have an old single-family property built in 1960 being given to me from my elder relatives. I plan on selling the property so I can take the profits and reinvest it into something better. Knowing that I ...
Cindy Chan
Interesting situation to pick your brains :)
Hi all,I have a semi complicated case and thought about a bunch of different options and would now like to hear what everyone else thinks or would do.My mom has a property that has been vacant for about 10 years now, ...
Arnie Guida
Do Your Tenants Give You Homemade Fudge?
Went to pick up the rent and there was a little basket with my name on it on top of the rent check. Inside was some homemade fudge, How cool!This makes me think of my Father. My Parents bought their 4plex in '66, whic...
Daniel Okeefe
LLC transfer of property
Good Morning BP. Would anyone have advise or experience on changing an LLC's formation state? I owned commercial property in Massachusetts under an LLC I formed years ago and in May of 2020 sold that property and did ...