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I have two properties that are currently not in an LLC. One is a SFH and the other is a house hack I'm living in. Is it okay that I create an LLC and manage the revenue and expenses for these properties through the LL...
1. It seems like taking advantage of depreciation and all of the tax benefits of real estate are lost if your income is >$150k, unless you are a "real estate professional", right?2. I've read a lot about legal enti...
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I fully understand trying to time the market is not generally a good idea, however, do down markets open up opportunities for buying land and building? I would assume that non-income producing assets (vacant land) wou...
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My wife has around $30,000 in separate retirement accounts from 2 previous employers. She would like to combine these and roll it over into something self-directed so that it can be invested in RE. Since we expect it ...
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Hi everyone,
Hope you all are doing great. First, I want to thank the folks here on BP it's wonderful to be able to speak to so many people who are willing to share good information with each other.
I come from...
Hi! I have a property in Denver that I'm renting out long term. I got a letter from my mortgage company that said I can move the title into an LLC if I like without triggering the due at sale clause. This is the only...
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Hello all! I have heard a lot of investors investing out of state like Ohio, Memphis, Texas, Seattle, etc, but rarely they say they have apartments and anything similar in nature, in California. I live in California, ...
Bigger Pockets, My House Deals, Happy Investor, Real Estate Mogul and more. There are many real estate investing websites out there and I have already joined the CFRI my local chapter of real estate investors. Most o...
Hello, are there any Realtors on here who are also active investors. I am working on getting my Realtors license and I should have it in less than a month. i just want to know how obtaining your license affected your ...
Newbie into real estate. Im in the process of securing a loan for the purchase of my first piece of investment property. Loan officer suggested i have up $70K in a heloc that i could use to purchase a house. What are ...