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We are in California, but doing business as a Wyoming LLC, how does this work at Tax time?(Tax deed investing...first year, all losses, but this year some deals in progress)
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Hello,My son is looking to purchase his first rental investment property. He lives in the Bay Area and is looking to buy a positive cash flow single family house (at 20% down). Would it be be best to look in Californi...
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Hello BP Friends,I am a long time member who did a few deals back in 2008 and then jumped out of the market when it crashed. Of course, I wish now I hadn't but I'm ready to jump back in. I am making a big move from ...
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I am very new in real estate investing. Because i live in Bay Area, i am thinking of having a rental property nearby. However, the price of properties is high, and would not generate cash flow, as my newbie thought. I...
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Hi, we own a duplex in Sacramento for 10 years. Currently it is worth about 330K. I can net about 150K if I sell today, after paying realtor and cap gain and whatnot.
For two years I was dead set on selling it this sp...
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Hello All,I am new to investing. I have a condo, where I used to live and which is underwater now, converted to a rental when I moved to SFR. It barely covers P&I, HOA, taxes etc. but provides me experience dealin...
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With the costs of construction (materials, labor, and supply chain) rising daily, and the need for housing at a crisis point in CA, ADUs are the obvious choice. I have for many years written on this, but so far have n...
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I was in the military last year(2012), and recently got out so some important aspects of my residency status will be changing and I'm trying to prepare for those early.
I'm originally from FL and invest there, and b...
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Hello everyone, I am a practicing pharmacist/ pharmacy owner from San Jose, California. I recently stumbled upon BIggerPockets and am now obsessed about REI. I have zero experience in real estate investing, but I am i...
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I was researching some of the distressed properties in my area when I noticed a property that has a really low tax bill. The assessed value looks like they're missing a zero. Instead of $530k, it's $53K. This is a 3be...