David Krulac
Buy to Rent is Over
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
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
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 ...
James Bakun
How to avoid FIRPTA tax? and how to avoid withholding requirement?
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
New Elevator needed in 2 buildings (1 mixed used, 1 residential). Anyone have experience
I'm in the process of joining the business with my family. I'm new to all this real estate investing and management, but I figure it's pretty common sense and takes some creativity. Anyhoo, 2 major things that stand o...
Marc M.
Checkbook IRA LLC Questions
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
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...
Arif Siddiqi
taking heloc out from paid off rental property
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...
DAVID GAGE
Umbrella policy Vs. LLC or both
Not sure this is the right place for this post but here it is anyways. I now have 4 SFH that i rent out and feel like its time to start thinking about some liability protection. I've started an LLC but still carry the...
Phil Baker
Refinance Out Of HELOC after BRRRR
Hi EveryoneI am looking for a way to refi a BRRRR from a HELOC to permanent financing. Property will be held in an LLC. Is there a conventional financing option since it would technically be held in cash in the LLC?...