I have a question for you tax gurus out there. Obviously with the real estate market being hot, it is/was a good time to sell some rentals acquired during the market downturn.**My Situation**I sold some a large quanti...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $320,000
Cash invested: $320,000
I was drawn to the idea of investing in a duplex for several compelling rea...
Individuals can find many different opportunities to earn income in real estate because it will never go out of style. It is always has a vast potential income-generating asset and provides a better return. Real estat...
Hi all, My partners and I are closing on our first property. They both live in NJ, and I live in CT. We just registered a partnership (based in NJ) and filed for NJ taxes. Does anyone have experience as a non-resident...
Hey everyone!
Excited to join the BiggerPockets community as a newbie eager to dive into the world of real estate investing! Since I was a medical student, I've always been passionate about making smart investments...
Father in law has 1.66 acres zoned R-18 which allows 12-18 units per acre. It is in a central location in town and properties to west and south have recently been developed.The current house is in rough shape and will...
We are 4 younger guys recently out of college looking at forming an LLC to purchase our first investment property. We planning to meet with a lawyer soon to cement our articles of organizations and operating agreement...
I know the correct answer to this ... contact a knowledgeable CPA ... and I am looking for one, but in the mean time I wanted to see if anyone any insight into this.Here is what I want to try to do:Set up an S Corp to...
#AskBPSo I have an opportunity on a mutli and playing around with the rental properties calc here on BP (unlimited usage is why I upgraded to Pro - worth it). All my #s stay the same but altering the income /expense y...