Ayse Yesilyurt
So confused about forming an LLC for real estate
Hi, Can someone please fill me in on the details of how to form an LLC for buying a real estate from filing for to closing? We have studied and decided with a CPA that we will form an LLC, so that`s not a question, bu...
Nik Kov
Financial Modeling Spreadsheets or tools
Does anybody have any spreadsheets or tools that they'd be willing to share with me around some solid number predictions based on interest rates, occ %, etc.
Keith Gilbey
Does out of state owner need to file a tax return in Ohio?
Hello, looking for some advice.I live in California and last year purchased a single family rental property in Englewood (Dayton), Ohio. I went to do my taxes for 2020 and my preparer told me I also have to file a re...
Kin Lay
How to transfer my share of the house to my brother?
My mother purchased a property on 2011 for 480000 in California. The current price of the house is worth about $900000. The house is registered with my name and my younger brother’s name as joint tenant. If I want to ...
Chris Feltus
Home Depot: Photographed Item Rehab Database Free
Hello everyone,
Just thought I would contribute back to the community. I have already learned alot from my short time here. In the link below you will find a photographic itemized database of items pertinent to a reh...
Account Closed
Do I need to file a Partnership Tax Return if I am a co-owner?
So long story short, myself and another person co-own a property 50/50. We hold the property in our individual names. We have one property and after getting a rather large CPA bill ($1600+) for the 1065 Partnership ...
Jeff Amore
Co-Wholesale/JV Agreement contract
Does anyone have a contract that can be used for co-wholesale agreements? I've had wholesalers approach me about co-wholesaling with them on properties they have under contract, but I'm basically taking their word for...
Adriel Cisneros
For a syndication, who files Form D? The Fund or their Attorney?
My partner and I are LPs in a real estate Fund in northern Texas. After locating the firm's Central Index Key (CIK) number on NASAAEFD, we observed they filed (2019) only once, but under the name of the Fund, not the ...
Mel Hayes
Fix and Flip Calculator
Hi BP,
I've been working on a fix and flip calculator and I'd like to share it with the community. It's loosely based on the B.P Calculators and some things I took away from J. Scott's book.
The issue I kept runn...
Armand Farr
Tax filings with properties in and out of LLCs in Houston, TX
Hi BP - need your help with this situation (our properties are in Houston, TX if that matters):
- Properties A and B: Both were held by three partners in our own names individually (never held in an LLC)
- Property ...