Hernan Guelman
State tax as a reason not to get into new state?
Live in CA. Have 3 investments in Multi family and flip via syndication in FL, TX and CA.Syndication now offers me opportunity in Atlanta GA. Seems to me that it is a problem for me since it will be my first (and henc...
Khaled Seirafi
LLC formation, does it matter state of filing?
Hey there. For the past few years, I've been working for my family, managing their properties pretty much full time. However, I wasn't reporting any of the income I made. I'm wanting to get started in out of state inv...
Jay M.
New from Pittsburgh, PA
Hi BP community; long-time reader and finally decided I was crazy for not joining sooner.
I live in Pittsburgh and have been active in RE for two years. I'm a buy and hold investor, though I am considering ot...
Ernest Badalov
Capital gain tax
Hello everyone,I’m in Wilmington, NC and I’d like to know what would be my long term capital gain tax on a rental property that I own for 3 years, assuming that my household gross annual income is $82,000. In my parti...
Matthew Brown
Cost Segregation Study Worth It?
I own a 3-unit multifamily property in Elizabeth Port, NJ. I got a study appraised (I haven't committed to the appraisal yet) that claims they can write off anywhere from $76,000 - $117,000. A couple of questions:Does...
Tu Phan
Tu from Orange County CA
Howdy friends!
My name is Tu, 22 years old and I'm from Westminster California. I am an artist, I can speak Tagalog, Vietnamese and English and learning Spanish. I got into real estate through reading rich da...
Philip Eaton
Multi person partnerships
About six or seven friends and I are all interested in starting to invest in real estate. Our plan is to pool our funds and then probably use financing as well. In the future we would probably want to continue adding ...
Vidit Maini
Starting my small business
Dear BP family, I am finally on my way to start my small business. I have setup an LLC as a C corporation. I have the option of turning it into an S corporation. Year 1, I intend to keep my W2 job while i work to get ...
CJ Lee
What criteria do you consider when qualifying notes?
Hi everyone,My goal for the next 90 days is to buy my first note! I'm transitioning from multifamily brokerage to note investing (hopefully full time in 2019). Though I've been in real estate for quite some time, I'...
Chris John
Partnership structure question
Hey allHere's my and my brother's problem. We "share" 11 rentals. 5 in my name and 6 in his. We know it's 50-50, but the IRS doesn't agree. We have been looking at strategies to get this taken care of without taki...