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I have an investment property which I'm thinking of selling, its worth approx $900k, I paid $480k, and owe approx $300k. I was thinking of doing a 1031 exchange, but confused whether I need to buy another $900k p...
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Hi all,
I have choice of move to Las Vegas or New York or California.
I own two LLC , for tax purposes which is the best state to live? I know califronia will charge a lot fee for owning LLC.
Why about Las Vegas or...
Hi BP,Currently speculating the closing costs on my first property in Oakland CA as they seem a bit high and want to make sure I am not being jipped lol. Below is the break down I got, all feedback is welcome!Credit S...
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Hi All,I'm doing taxes for 2016 and we have an owner occupied duplex that we lived in all last year (we bought Aug '15).Now I know people that are responding probably aren't going to be certified accountants blah blah...
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I'm about to set up an LLC to purchase my first out of state rental property.
Then I read some forum posts saying that an LLC based in one state & operating rentals in another has to register as a foreign...
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For budgeting/pro forma purposes:As the buyer what should I expect to pay in closing costs in Columbus/Central, OH? General dollar amountsPercentages of XOtherThanks, Chris
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Through my time researching, especially nowadays, repeatedly I have come across articles, YouTube videos, books, ebooks, blogs, etc etc on investing in REI with 'little to none' of your own money. Discussions around h...
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Hello BP Experts,
I have a quick question.
I want to pull out some equity from my 9 existing rentals. Each of them valued about 250K all paid off and cash flowing. First Carolina Bank of GA offer me a $750k LOC fo...
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I'm considering two options for my property and would appreciate some advice:
Cash-Out Refinance and Then Sell: Cash-out refinance to access some of the equity, then sell the property to get the remaining equity.Sell...
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Hello everyone!I had a seller respond to an ad that needs to sell and needs to sell quick due to being out of a job and I need feedback on the best strategy to exit the property.She owes the following on the property:...