Min Kang
How to structure a flip
Hi guys. I'm starting to learn about real estate investments - flipping houses to be specific. And I first want to say thank you for this venue and all the people who are readily available to help. I had a simple q...
Mark Weinstock
Bathroom remodel advice needed
Planing to remodel the 2 bathrooms in my house and then renting it out and buying another place I need to replace a tub and vanity in one bath and the shower and tile in the other Looking for advice from people ...
Kristafer Nicaj
Can I benefit from a Cost Seg on existing multi-family once I have REP status
If I purchased a multi-family property in 2018 and my wife establishes REP status this year (2024), can I benefit from doing a cost seg on that property. I never did a cost seg in the past. I have been paying a lot of...
Casey Lance
Filing taxes with an LLC?
I was not sure where to place this post, so feel free to move it if necessary. My apologies in advance.
I have an RV park that has been running for 3 years and I have been filing taxes under my name, and just runnin...
Emily Poerio
Bank Accounts / Cash Flow / CC - best operational structure flow of funds
Hello - I am new to REI and getting ready to close on my first set of properties. I have a structure that is a Master LLC and subentities that will be used if either STR or LTR. I currently have 1 Business Bank Acco...
Neddie Smith
Partnership Income / Deduction Split
Hi BP. I have a feeling this will be a stupid question but here it goes.I have a partner who only wants the tax benefits of real estate and is not concerned about the property income. Is it possible to purchase real e...
Ronald Wacker
Help needed! Liens after tax sale
Hey,I'm hoping to get some insight on a complicated situation.I bought a flip in New Orleans, LA. We're done with the renovation, accepted a bid and are currently under contract. I was informed by the closing agent at...
Charlie MacPherson
Client needs a $10K loan to make $50K on his house-in bankruptcy
I need to call on the wisdom of the BP Hive.I'm representing a client on the sale of his home in Brockton MA. It's a bankruptcy sale which complicates things a little.It's a VERY difficult home to sell because it had...
Steven Zhou
New members in LA and my first question
Hello everyone in BP. Our names are Steven and Ashley. We just joined the BP and started learning the basic knowledge about RE. We live in Sherman Oaks in SoCal. Everything about RE seems very complicated and detaile...
Elliot Smith
Who has been a key asset for your team in Vancouver WA
Who have you had good experience with in the Vancouver WA area.Real Estate AttorneyContractor CPA Escrowany feed back would be greatly appreciated.Elliot Smith