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Hello BP, I'm looking for a local CPA that understands real estate investing and help with tax saving strategies. I recently listened to a bp podcast on Cost Segregation Study, and I was intrigued to learn more about ...
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Hi all,
What are the costs/benefits of setting up and using an LLC to manage out of state investment properties. I am looking at doing a 1031 exchange on a property in CA for a 4+ apartment building out of state and ...
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If you are planning on holding a property for a long time (multiple refi's, legacy hold, etc) Is it still worth it to get cost seg done on the property?If the business plan is to hold the property over 10 yearsIs it m...
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I am looking at some properties in the North Lawndale area on the West side of Chicago. Anyone from this forum investing there? This is an area that has undergone some changes in the last two years. I wouldn't mind me...
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I mean it feels like I'm doing the leg work anyway half the time :wink: On our first deal we are in the middle of now it's been one hurdle after another. We are at the point of waiting to close but were told by the c...
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Greetings BP community,I am interesting in flipping a home in Oakland, CA. There has been unpermitted work done in the past. I would like to work with the building inspectors to legitimize the work, so that the city...
Hello everyone! I am in the process of completing my courses to become a licensed agent. I should be done in a couple of weeks and need to find a broker. I do not want a career as a realtor (at least I don't think!...
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BP people,
Do any of you out there have any success or horror stories about pulling out of 401Ks and using those funds as self directed? Or, am I considering to purposefully step on a land mine and blow my nuts off w...
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Hello BP,I have a pretty simple question, do you guys require all persons over 18+ to be on the lease (I do), and do you run background / credit checks on all of them, or just the people or person paying rent?Thanks!Kyle
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Can someone provide feedback on companies to set up a self-directed IRA with checkbook control? Decent service and low fees would help. i heard of Broad financial, Udirect IRA Services, entrust group and IRA Service...