Jennifer Thomé
Reinvesting 1.4M in California
My In-laws are selling a plot of land and gaining a 1.4M profit (original price was 120k).They are weighing 1031 vs. trusts vs. starting an LLC. Their main objective is to reduce tax liability and reinvest in somethin...
Vernisha Williams
From the Bay Area To the Central Valley Wholesaling
Good Morning everyone.My name is Vernisha and I am new to Investing. I am originally from the Bay Area (California) and over the summer moved to the Central Valley. I am a full time Notary Signing Agent for real estat...
Kenneth Malcolm
Should I change my W-2 to something related to Real Estate?
Hi All, I am a new investor looking to acquire my first deal in the next year or so. I currently have a W-2 job in Accounts Receivable and have been exploring other career opportunities related to real estate, particu...
Derek McGillicuddy
LLC VS NO LLC that is the question
Looking for advice. I currently own two homes I would like to rent(not currently rented). What is your experience with forming and LLC or not. Is there a lot better benefits with taxation with being an LLC. I have als...
Nick Lucas
2nd Rental. What to do next???
One year ago I purchased my first rental, house hacking a 4000 square foot duplex. I am looking into getting my second one here soon and need advice. I believe I have two options.
Property Info:
Purchase Price: $365...
Jake Yune
Buying Personally or Buying in a Corporation
Hello, my name is Jake and I've recently started to invest in residential properties in the Greater Toronto Area (GTA), Ontario. As I continue to grow, does it make sense to continue to purchase properties under my na...
Ryan Brubaker
Do I need an EIN for my LLC?
I have formed an LLC in Indiana to hold my investment properties. According to the checklist on the IRS website I do not need an EIN. Also, according to my bank website, when I go to set up my company bank account t...
Andy Pillinger
Seattle area REIA red loin Bellevue.
HelloAre there any members of bigger pockets who go to the Seattle REIA that is held weekly at the red loin in Bellevue?It would be nice to hear some opinions from current members of whether it's a good club to joinTh...
Richard Cruz
Do banks offer helocs for investment property?
How can I pull the equity from my investment property?
Jesus Villarreal
probate
When working with a motivated seller who is the executor in a probate case does the sale of the home have to be approved by the attorney?Also, I read online that the sale of the home must be 90% of the homes appraised...