Greg Teplansky
Selling Fractional Shares of Real Estate on a short term rental
So I am thinking about selling shares (in the future) of a vacation rental property I intend to buy very soon. I am wondering what the tax implications of this are? I intend to hold it in an LLC in the first place and...
Bertie Lench
Rental from a closely held LLC
My wife's family farm which includes 320 acres and two houses has been placed in an LLC. My wife is a 1/6 shareholder, her sisters each hold 1/6 and her aunt 3/6. If my wife and I were to rent one of the houses at mar...
Armand Gray
Understanding "Transfer on Death" (or similar) and buyouts for TOD contracts.
Hello BiggerPockets Community,
I'm a new out-of-state Real Estate Investor based in California (I work as a SWE at Google as my W2) and I'm working on brokering a potential deal between friends and a prospective land...
Zk Lani
Lead generation in South Carolina
I just realized that listsource doesn’t include the state of SC (what a bummer!!). Any recommendations from you guys on lead generation methods to send out mailers? I’m only interested in multifamily in certain zip co...
Perry Jan Remolador
Hello from Davao Philippines!
Maayong adlaw! Hi everyone! I'm new to the forum. In fact, this is my first time to join a forum on real estate. I just started on this business a few months back. I am an Architect by profession, thus I don't conside...
Matthew Fuentes
80k saved - purchased property - 40 left - What to do........
Hello Everyone / Here is the Gist:- 80k saved with myself and my partner. - Purchased 1st property - a 2 bedroom turnkey on Long Island (Mastic Beach NY) - house is raised and commands between 1600 and 1700 a month re...
Vince DeCrow
3 Ways We Have Achieved High Returns
Large private equity real estate firms often invest in trophy buildings, from the Willis Tower to the Cosmopolitan Hotel in Las Vegas. The commercial real estate investments that are often more lucrative than owning t...
Daniel Dietz
Can 1031 be used when selling 1/3 share of LLC that owns property
Hello All, I am just starting to explore the idea of 1031s down the road. Mostly trying to make sure I set things up right entity wise on the front end to make it work later. I along with 2 partners won properties in ...
Ryan Fox
Piercing the corporate veil in California
There seems to be a lot of confusion on BP as to how you lose the protections of an LLC or business entity. In legal terms, this is called “piercing the corporate veil.” A business entity can shield you from liabili...
Daniel Dietz
Selling Share of LLC that is owned by a SDIRA?
Hello All,We currently have a 3-way LLC (3-D Property Investments) with each share being owned by our SDIRAs. One party is 'retirement age' and would like to sell their share that would be bought by a new partner usin...