Jan Boldt
Gifting investment Real Estate questions and comments + deductible carry-forward?
Domicile: WA State (income tax free)Property location (Texas): (income tax free)LT gains + Depreciation recapture ~ $300k on a $500k income property ~effective / average tax rate = 12% for past umpteen yrs (relatively...
Paul Barber
LLC or HO6/Umbrella
Newbie Question. Why do you need a LLC? Can a HO6 and umbrella insurance policies (for condo rentals) give you enough liability protection?Thanks
Joshua Morris
Is a $10 REO worth it?
I live in a town where there is a predicted oil boom, already the housing prices have gone up at least 20k over the past 2 years. I am looking to find cheaper bank owned real estate to at least get my feet in. I found...
Patrick Britton
Earnest money pickup and delivery
Hi,Here is an issue I am running into and hope somebody has an idea to:A buyer client of mine makes an offer on a property. The buyer lives a great distance away from me and the property is also a great distance away...
Jose Purse
Loans for investment
I would like to purchase a property for long term rental in 35k but I only have 10k. My Debt to income ratio is more than 49%. In Puerto Rico there are not much financial products available. Any recomendations? I v...
Jose A Perez
Looking for Advice on My First House Flip
Hello, Bigger Pockets family. I am a general contractor looking to do my first flip within the next 4-6 months in Omaha, NE, and eventually transition into a full-time real estate investor. My fiance's dad recently (a...
Joan Ensminger
Change of ownership on deed to homestead
My husband and I own our home, debt free, and are considering changing the ownership to myself as sole owner. His health is slowly declining, and even though I would own the property on his demise, we wish to make th...
Matthew McNeil
Partnership LLCs Required to Adopt New Tax Audit Agreement
I came upon this recently and wanted to share it because I'm not seeing it in other posts. The Bipartisan Budget Act of 2015 effective January 1, 2018 requires all LLC partnerships to adopt a Tax Audit Agreement. Bu...
Matthew Morrow
Baltimore homes for $1?
This is wild. What are all your thoughts? https://www.wbaltv.com/article/baltimore-city-selling-vacant...https://www.wbaltv.com/article/baltimore-city-selling-vacant...
Edward Coleman
Exit/ Stay Criteria
Hello everyone!,2 years ago I purchased a class A, 3 bedroom 2.5 bath home in a medium sized city as a place for my wife to live while attending medical school. During the time that my wife occupied the home she had t...