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Results (10000)
Account Closed How to know if you have enough knowledge?
29 December 2012 | 19 replies

Hey everyone,

I have been thinking a lot about something recently and I really wanted to get some insight and advice.

I along with so many other new investors have yet to do even one deal. Right now I’m in a posi...

James Bakun How to avoid FIRPTA tax? and how to avoid withholding requirement?
3 April 2024 | 8 replies

Hello, I have foreign clients who own investment real estate in the U.S. They are looking to sell and would be subject to FIRPTA tax. Is there a way to avoid paying this? and is there a way to avoid the withholding re...

Account Closed Currently have a CA LLC - should I open a new LLC for TX property
28 December 2020 | 9 replies

Hi Bigger Pockets Family,
I currently live in CA and own a duplex in a CA domestic LLC. However, I’ll be buying a few rental properties in TX, and I’m not sure whether or not I should open a new TX domestic LLC (and ...

Daniel Levine cash out Refinancing problems with LLC
3 January 2017 | 14 replies

I am struggling to refinance my triplex because it is in an llc. I own the triplex out right and believe it will appraise around 230,000. It rents for 2275.00 and the NOI is around 1100.00 per month. I'm looking for 1...

David Krulac Buy to Rent is Over
21 June 2013 | 5 replies

according to article in new Bloomberg business Week of June 10, 2013, page 52.

"We just don't see the returns there, there's a lot of bluntly -stupid money that jumped into the trade without any infrastructure, witho...

Mackenzie Wallace LLCs and 1031
17 November 2014 | 6 replies

Ok so here is my question...I'm just getting started out in the idea of real estate investment and whatnot. I am only 27, a lawyer and I work a 9-5 that I like. My mother is closer to retirement age and has wanted to ...

Paul Winchell best entity for silent partner as property owner
25 June 2020 | 2 replies

My father and I are in the process of selling a house in Hawaii and using the proceeds to invest in one or more rental properties (likely in Michigan).  The house is currently owned entirely by my father's trust, and ...

Arif Siddiqi taking heloc out from paid off rental property
26 March 2019 | 23 replies

I have a couple of paid-off rental properties in the midwest that I acquired in the last few months. I am working with a legal team to get these properties under a legal entity. I am thinking of taking heloc for those...

Marc M. Checkbook IRA LLC Questions
26 September 2015 | 8 replies

Hello BP,I have a small (<$50K) Roth IRA that is currently 'self-directed' with Etrade to purchase stocks. I have read many posts on here about buying Real Estate with an IRA or Solo 401k (which I qualify for, but ...

Matthew Teifke Assuming a mortgage
6 April 2017 | 16 replies

I recently assumed a mortgage with build in equity. I'm planning to turn around and sell this property and I'm curious as to what my cost basis would be for taxing purposes. Just to make this simple. I paid $30 k to g...