John S Lewis
Any tools to show benefits of seller financing?
So I want to bid for a 2 family, but I don't have a lot for a down payment. The numbers on the rental tool here at BP are great if I can offer 5% down, with a purchase price of 23% less than the offer. Are there any...
George Calbert
When to start to LLC
BP Family,
I am in need some advice if I should form an LLC now or when I return to the United States. My scheduled date to return is summer 2017 timeframe.
I am in the Navy stationed in Japan, I own a ...
John Acheson
How to get a $100K tax deduction on $300K investment?
Assuming cost segging a rental is the only way:condo or townhome/SFH with NON depreciable landnewer property/fixtures vs older propertyNOT a pro newbie landlord vs REPself manage or prop. mgmt. co.GOAL is biggest tax ...
N/A N/A
Who knows the answer?
:superman:
What benefit would someone gain by donating their house as opposed to selling it?
Denise Breheny
Should I buy a retirement home and rent it until my retirement?
I am now 3.5 years away from retirement and know where I want to retire. I found a new townhome development with affordable pricing on new build home. The HOA pays exterior and grounds maintenance, which I feel is a...
Jonathan McKay
Under Contract for a 12-plex, should I cost segregate?
I've just come under contract for a 12-unit apartment in Spokane, WA that was built in the 70's and remodeled in 2014. Purchase price was $720,000, and I intend to hold on to the property for >5 years. It is not pa...
Karen M.
Real Estate Investing and Taxes
Dear BPers,
I'm interested in learning more about Real Estate investing and taxes. We are getting close to amounts where our income might be too high for ROTHS (Have to check this after the standard deduction. We to...
Fred Hess
Should I form an LLC?
My Situation: My father and I are in the process of purchasing a turnkey SFH rental property in New Jersey. We are splitting all costs and profits 50/50. Our intentions are to buy and hold the property long term and c...
Kyle McCorkel
How can I have my cake and eat it too with a Solo 401k?
So I got my solo 401k all set up, but haven't had a need to use it yet. I've considered taking a loan out of it to do BRRRR's and flips, but I'm really not crazy about the mandatory 5 year payback schedule. It will ...
Alex Bernot
Using a holdings company to own multiple investment property LLCs
I own investment properties in Ohio. Each property is under its own LLC and bank account.
My question is, does it make sense to setup another LLC as a holdings company (parent company) which will then own the othe...