Kat N.
Rental home (w/ bank mortgage on personcal credit) in LLC
Dear Bigger Pockets Members,
I have already bought my primary SFH (for living) with traditional bank mortgage. I am looking buy an investment SFH with traditional bank mortgage again on personal credit. I want to re...
Catherine Ashley
entity for flipping house, next two years hold retal propoty
which type entity for flipping house, next two years hold rental property should we form? my husband has a property maintenance (DVA), should we open another one for the flipping house? LLC?S? C?which one will be easy...
Mary Jay
how to calculate the tax after a sale of a rental
Hi guys,Can you please help me out?I am in a 30% tax bracket (not sure if this is important)I was thinking of selling 2 rentals.1) Rental 1. Bought in 2009 for 25K, now its 100K2) Rental 2.Bought in 2021 for 145K, no...
Amy Biddle
Establishing the entity and tax plan before I purchase
Hey, so I'm getting back into REI. I never did this right before. Lots of shooting from the hip. I want to do this right, finally.Now I have a small amount of cash in a Roth IRA. Enough for a downpayment on a small mu...
Donald Balcom
Looking for an Experienced Real Estate CPA
Any suggestions for an experienced real estate CPA in the Knoxville, TN area? My wife and I have been operating a vacation rental since this past January and are needing guidance to limit our tax liabilities and filin...
Greta Andrews
Looking for a CPA Tampa Bay area
Any suggestions for a CPA in the St Petersburg/ Tampa Bay area. Preferably one who owns small multifamily themselves.
Rene Roth
DC Resident buying a House in Maryland under an LLC
I'm a DC resident (living in a home in DC) and thinking about buying an investment property in Maryland using an LLC with two members (husband and wife) Should I register the LLC in DC or Maryland? what are the pros a...
Ting-yu Tu
How costly or difficult is it to transfer property from an LLC back to the LLC owners
We, husband and wife and our children, live in a paid-off house (A1) with short commute to work.For the sake of better school district, we are buying another house (A2) and plan to live there for the next 8 years.We...
Brandon Elliott-Pandey
Great way to pay little to no taxes!?!?
For all my fellow Relators out there. We've ALL heard that if you are a full time real estate entrepreneur you can offset a large amount, if not all, of your tax liability by investing in real estate and selling it at...
Kris Haskins
USDA short sale deal falling apart, NEED HELP !?!?? SOS
Hey BP Fam, I have an approved short sale with USDA, the letter states they will accept my offer and it has the net amount on the letter. The seller is worried the IRS will count the difference between the sales pric...