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Investment Info:
Other buy & hold investment.
Purchase price: $100,000
Cash invested: $101,650
Sale price: $126,000
Updated fully furnished move in ready 2 bed/ 2 bath condo, just under 900 s...
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There is a lot of discussion about prohibited transactions using an IRA to fund a purchase of properties, and non-recourse loans to finance an IRA purchase. I’m considering using the fund in my IRA account for down pa...
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Many people can become financially secure with a high paying job and good financial literacy, but it is very difficult to become financially free without leveraging systems through business ownership. I don’t mean liv...
There is a property in an upcoming tax auction in CA that is offering an undivided 50% ownership in the property. I saw in another forum post the way to handle this situation if the other owner(s) won't agree on how ...
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Hi, I'm new to BP but have been listening to the podcast and reading up quite a bit that past few years. I'm seeking advice and clarification on a potential 1031. The details are as follows: I bought and lived in a co...
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I am a property investor with over 100 units (8 - 22 units per building) and 2020 has been very difficult due to Covid-19 and the subsequent "rules" that only favor tenants - moratorium on evictions, lack of rents pai...
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Let me start off by saying that I am not seeking legal advice here on a public forum. I am however hoping to initiate a legal debate and invite all legal professionals, and those who focus on or have experience with C...
What is the general process for moving rental properties out of my name and into the name of my LLC? I'm assuming I can do this through a quit claim but is that correct? Are there any caveats or gotchas? (The properti...
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A little over a year ago, my good buddy and business-partner-in-crime, @Reed Baker and I purchased our first investment property. They say the first property is always the hardest, and we're hoping they're right. Here...
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I own New York LLC's which hold property in New York. I recently opened a Wyoming LLC to function as a holding LLC which will own the New York LLC's. Do I need to file any ownership transfer forms with either New York...