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Doing my taxes now. Have about 9 K-1s as an LP in syndications. I am able to put in all the info in the numbered Boxes, and at the very end, it asks me if there is a "Z code" in Box 20 (the first two syndications I ...
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Hi, I'm currently active duty military and am looking to connect with any Texas investors, agents, and lenders. I will be separating and moving to Texas within the next year so I'd like to connect with anyone who may ...
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Hello!I live in Minnesota and am a new investor and new to everything. I am confused and unsure of what to do. I am trying my best to educate myself, but when there is conflicting information, I second guess everyth...
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Hi Everyone, I was wondering if there were people out there who, as the title suggests, simply scale by using their savings--especially those of us with high incomes, and are able to save much more quickly than the av...
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I hoped some experinced members could point me to the right resources on the following situation.Assume you syndicate a deal and as part compensation for putting the deal deal together, for finding the right property ...
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After 1 year since becoming a member on BP I’ve finally closed on my 1st rental property (4-plex). With this post I hope i can help someone who is new and is considering their 1st purchase get passed paralysis by anal...
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If we sell some land we owned for over a year for $296,000 and bought it for $196,000, we need to buy property(ies) that exceed $296,000, right? But also, we do not want to reinvest all the profit. With the boot, will...
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I am about to form my first LLC for the wholesaling business I am about to start. I live in Washington, DC, and I'm sure I will be doing business in both Maryland and Virginia as a result, and maybe DC too, but certa...
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I have two entities:
1. Single Member LLC for buy&hold long-term.
2. S-Corp 100% Shareholder for buy&sell short-term.
I am thinking of transferring one of my inital 2004 S-Corp properties that I ended having ...
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I'm looking to purchase a few new books online for Multifamily investing(interested in more practical knowledge than theory) any recommendations?