Sreenath Vemulapalli
Quit Claim Deeds
Fellow BPers,
I have a company which I'd like for it to hold my real estate properties for purposes of limiting liability. I am purchasing properties personally as I cannot finance them with the company yet....
Jeremy Lee
Tax implications gifting a 1031 property
Hey all,I was curious about tax implications regarding the condo I live in (primary residence since 2007) that I co-own with my parents (1031 exchange). They had a prior property that they 1031ed into this condo (and ...
Walter Key
Home Warranty to Keep Repair Cost Low
Just wondering if anyone else keeps home warranties on their rental properties in order to keep repair cost to a minimum. Between appliances going out, minor plumbing issues, etc; paying a monthly premium and a $75 de...
Gregory DeRosso
Newbie from NYC with Focus for NJ
Hello there.After many months of being on BP, I'm choosing to break out of the shell and restart my REI interests. I have some minor experience with rentals and ownership but my goal is to step up out of peewee and go...
Scott Passman
Digging into short sale property
I am going to look at a short sale property in the Chicago suburbs in a few days and in trying to dig up more information there is nothing yet listed on the short sale/forclosure website. I've been researching short ...
Amber Linthakhan
Figuring out exact: taxes, insurance, value
I would like to figure out how to get more exact numbers. And before consulting google I thought I’d ask the real experts. 1. How would I go about figuring out the exact taxes I’ll be paying on a property. 2. How do I...
Peter Cephas Dahabreh
REAL ESTATE INVESTMENT COMPANY/PARTERNSHIP/LLC in North Carolina
Hello BP Tribe!I hope all of you are well. I wanted to ask the community a question. I am in the process of interviewing family/friends for pooling our money together to invest out-of-state. Not that much money obviou...
Ernie Watson
Young, Curious and Open Minded!!
Hey Everyone,
I’m from Pittsburgh, Pennsylvania and Been following the BiggerPockets community for some time now! Never thought to say anything on here since I was fresh new to the business and did not know much abou...
Michael Callahan
Capital Gains Tax on Property Sold by an LLC
I am under contract to purchase a condo in NH in my name to be used as a STR. We are paying cash. I plan to transfer the property into a multi member LLC (myself and family owned) shortly after closing. My question is...
Viktor Ziv
Bought Foreclosure Property that is Occupied
Hi All,I just bought my first foreclosure property that is occupied. Any thoughts on how to approach the current occupants? It looks like the property was rented (not sure) since it is a duplex and I would prefer to k...