Justin R.
Property Mgmt Laws in CA - managing other peoples' rentals
Hellllooo BP Nation!One of the interesting side effects of (successfully) owning and self-managing a bunch of your own local rental units is that friends and family may ask you to manage theirs. Has anyone (who isn't...
Edith Alvarado de Cortez
LLC PERMITS AND LICENSES IN FRESNO CALIFORNIA
Hello everyone!I'm wondering if an LLC that's gonna hold rentals and do some flips needs specific permits and licenses here in Fresno CA. I know that it's better to set an LLC for every rental property, considering th...
Felicia Bridges
Putting Rental Property in LLC
If I purchase a property in OH and want to hold it in an LLC, do I have to have the LLC set up in OH or can I transfer it to my CA LLC?
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 ...