Danielle DeCormis
Quit Claim Deed to LLC Tax/Legal Question
I am looking to purchase a property that falls under the minimum limit for DSCR but qualifies for a conventional loan. If I purchase this and quit claim deed it to my LLC, who pays the mortgage? Me or my LLC? Does t...
Account Closed
Understanding technicalities and practicalities of Cost Segregation
Cost Segregation in Real Estate:
Real estate investments offer a path to long-term wealth accumulation, but the tax implications can be complex. Fortunately, cost segregation is a valuable strategy that real estate ...
Wesley Appleget
Collecting rent through LLC while claiming depreciation personall
Hi Everyone, I just bought my primary residence and am planning on renting it out. I am the sole proprietor of my LLC and would like to be able to collect rent money through my LLC so that it is profitable and I can u...
Alexander Merritt
MultiFamily - Buying the Business Entity (LLC, Corp, etc...)?
Hello BP'ers,This question is more for experience Commercial multifamily investors. Is it possible, or even preferred, to purchase or take over the existing Business Entity (LLC, Corporation, or whatever) when purchas...
Sarah M.
Buying a property with a partner with two LLCs - tax benefits?
Hi there. My partner and I are new to investing and we found a "buy and hold" property in Minnesota and are buying it cash 50/50 each. Can we buy it under two LLCs? Or should we just use one? We want to buy the house ...
Jonathan Winkler
Fund an REI business with ira
Hello BP forum,I came across an article this week that suggested funding a new business with an IRA and that could be used for investment properties. It seemed a bit unconventional and I haven't seen that suggested i...
Pesi S.
Is Depreciation Really A Benefit to Rental Investor Or a Trap
Hello,Depreciation is touted as one of the big benefits of buying investment real estate (rentals) . I am not able to understand the benefit of taking depreciation on a rental property. On one hand IRS rules force you...
Alex Xu
Whole life or IUL? Infinity banking with Life Insurance
Is anyone familiar with using Life insurance to invest in Real estate? I am looking to open a life insurance policy for Infinity banking concept to invest in real estate. I am debating between Whole life or IUL. Which...
Christopher Gonzales
First deal - Is this even possible?
Hi all!As some background, I am new to the real estate investing community, and have a possible seller financing opportunity to pick up my first piece of real estate. My big question is, is what I’m think even possib...
Meagan Ruxer
Tax deductions with real estate
My boyfriend is a physician wanting to invest in real estate with me. What are some of the tax deductions he could benefit from, since he is unable to get school loan interest deduction? I am thinking rental income la...