Michelle Garcia
Securing My Property: Exploring Trusts and Protection in NYC
Hey everyone, hope you're all doing great with your properties! So, here's my story: I jumped into the real estate game two years back and now own two properties. One's a multi-family unit that's rented out, and the o...
Peter Lim
Trusts, Entities. Tax 2018 questions
Hi BP Family,Just listened to podcast #2, @Karen Rittenhouse. So helpful from W-2 starting out to finding deals, learning the revenue model, and expanding into holding long term rentals for retirement and paying those...
Justin Polston
Local bar owner looking to sell, tax implications/capital gains amounts if owner lives in property (and has for 40 years)?
Hi all, I listed a local bar/tavern recently and the owner lives in the upstairs and has for quite some town. When the property sells, what are the tax implications for the seller? There are no liens, mortgages, or...
Teddy Johnson
MM LLC Conv. Financing through Members
Hello,I've been a long time lurker and finally have decided to join the forum.As we are doing conventional financing through members of the LLC I was thinking about financing and placing the property into a Trust and ...
Tyler Luraas
Real estate attorney LLC ?
My wife and I have just purchased 3 town homes. We have heard others say we need to put them in a LLC. We are wanting to put all the properties in a trust eventually. Should I hire a real estate attorney to guide me t...
James Letchford
Business Structure(s)
Today, I went into contract on my first deal for a buy and hold property (with intent for BRRR). I'm so stoked.Going forward, I'll be picking up more buy and hold properties to add to my list. Here's my question: Wh...
Nathan Walden
How does an out of state Rehab get done without you on site?
Hello,This is bit of dumb question. I want to ask when it comes to rehab out of state for either a flip or Brrrr property out of state, how does the contractor gain access inside the property? Do you get a property ma...
Account Closed
Using Offshore Companies for International Investors
In the last few years I have been fortunate to have a number of international (non-US) persons invest in real estate with me.
One of the biggest concerns that international investors have is the tax burden that exis...
Shane Woods
Mom & Uncle joint heirs - how to separate?
My grandparents on Mom's side were long divorced. Both had property and passed away in the last few years.
Grandfather had a house he lived in, and a rental. These were willed to my Mom and Uncle 50% each.
Grandmo...
Brandon Elliott-Pandey
Great way to pay little to no taxes!?!?
For all my fellow Relators out there. We've ALL heard that if you are a full time real estate entrepreneur you can offset a large amount, if not all, of your tax liability by investing in real estate and selling it at...