Tyler Wagner
Avoiding Capital Gains Tax
Hello!I am a first time house hacker. I will be closing on my duplex soon with a fha loan. I will be renting out my current primary residence and moving into one of the units of the duplex while renting the other side...
Jack Taylor
Residential rental and flips - Individual LLCs under a holding company?
Hi, My wife and I currently have 1 rental property (condo) and plan to do at least 2 flips this year. Should we be incorporating each of these individually and then add them to a holding company, or keep them separate...
Brandon Elliott-Pandey
How to get money out of your 1031 exchange! LEGALLY :-P
I had a thought the other day and after asking around from a handful of agents, seems like this is possible. I am a REALTOR and have property that I am interested in 1031'ing. If I pay a buyers agent fee and sellers a...
Michael LemMon
Forming a real-estate LLC
I am looking to buy investment property in Idaho and am a California resident. I am looking for the best/fastest state to form an LLC in. I have heard Wyoming is a good state, but then i run into an issue of conductin...
Kate Purse
New LLC - California or Texas?
My husband and I live in California and recently bought our first investment property in Texas. We plan on buying at least two more properties in Texas this year, and know we need to form an LLC at some point. Are w...
Vincent C.
property owned before marriage - separate or community? TOD deed
So my dad is getting married again. He has a pre-existing property before the marriage, and planning to do a transfer on death (TOD) deed to put the property in my name as the beneficiary. However, would the new marri...
Austin Jones
Accountant / Accounting Platform for Small Investor
Hey BP, I'm looking to expand but am being overwhelmed by the amount of work required to keep it all organized. I had one accountant give a quote that was quite high for a small number of properties, and Quickbooks e...
Mark Buchheim
I am in CA but properties are in OK
I live in Los Angeles, CA and I have 8 properties in Yukon, OK. The loans and title of the properties are under me personally. I have a CA LLC that I have run the income and expenses of those OK properties through. ...
Brett Dudley
Short term rental loophole then long term rental in the future
Hello, just closed on a new house. If i were to airbnb it out for the last few weeks of December, would i be able to use the short term rental loophole to do bonus depreciation on the property (with a cost seg of cour...
Angel Ramos
Best entity for starting a real estate investing business with partner
Hello everybody I need some advice on how to start a partnership me and my buddy are trying to start a real estate investing business but we do not know how to structure it properly. Any advice? We will most likely be...