Hi Everyone,
In searching through the forums I have seen people say regularly that LLC is preferable to an S Corp for passive business income like buy and hold. My question is why?
I ask because I alre...
Would the capital gains from selling an investment property held in a particular LLC be eligible for a 1031 exchange fund if it is applied to a down payment on a commercial development owned by same LLC that broke ...
I bought and furnished a new rental property in 2019. I did use bonus depreciation for the cost of furniture, but I lumped the property improvements (mainly new hvac, water heater, windows) in with the building and ...
Hello BP,
I am currently purchasing my first single family residential property next week. I would like to reach out to the community for some help/advice on which lenders that will offer a cash out refi for my prope...
Is there a benefit, tax wise or other, for paying all renovation costs to the contractor including materials through an LLC for real estate investing? Or is it more beneficial to pay personally and direct to the contr...
Hello BP Community,
I’m in the Phoenix metro area and am looking to acquire my first investment property to flip. To keep expenses down I would like to perform some of the cosmetic work myself. I’ve done several live...
I have rental property held in an LLC (#1). The sole member of that LLC is another LLC (#2) of which I'm the sole member. So since single member LLC's are disregarded, then LLC #1 is disregarded and it all pa...
Anyone know a lender in NEVADA that offers a HELOC on a property held in my LLC? i want to access over $100 k in equity to buy another property.
Looking for a quote to refi a rental property. Current rate 3.75%, with currently $100k+ in equity. Value of property around $375k