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...
Mark Chambers
Buy out inherited property
My wife and her sister inherited their dad’s house after he passed. The house is in Northern California and we live in Pennsylvania. We want to buy her sister out of the property, but don’t know where to begin because...
Alex Silang
LLC registered in STR state or home state?
For those with LLCs, did you register it in the STR state or home state?