Ok I THOUGHT I knew about these things after buying and selling real estate for many years BUT am always eager to learn except when doing a 1031 exchange you need to pay income tax on profit when you sell a property c...
Hey "BP", my wife and I are looking for a real estate attorney around the Orting Washington area (Pierce County). We are new to real estate investing and would like someone to double check that we have the proper leg...
I've been able to locate the public notices online in Michigan regarding probates. I would like some help on how to determine if real probate is included. The extent of the information is :
The Settlor,...
In this situation, $60,250 has been collected in rents over a 12-year period ($38,000 net), yet I cannot tell who, if anyone has a reporting or tax liability for the rents collected, or when their liability, if any, w...
My husband and I just purchased a condo in Mexico with our Self Directed IRA. We created a 50/50 partnership LLC to do this. I'm looking for a CPA to help guide us so that I make sure to keep the correct records for e...
I'm planning to meet with a potential seller who's father passed away recently. I see the home is in the father's name - not a trust - so I'm assuming probabe might be needed to transfer title. Would you try and get a...
Looking for a little help because I'm getting conflicting information. I set up an LLC in my name but not tied to my SSN. I filed for an EIN (I should have had a registered agent set it up correct?)I had my attorney s...
I used my Mom's to help her retire by becoming a lender on real estate projects, but curious to see how others are leveraging their SDIRA.
I'm nearing retirement and considering what to do with a few rental properties that would net about 900 K, if I avoided taxes. I've owned both properties for about 20 years. I have been thinking it would be nice to re...
Hello, Bigger Pockets. If you could help this REI newbie, we would appreciate it. We are closing on our first investment property, a triplex in Cuyahoga County, Ohio. We do not know which is best for the title and...