Question, how would i structure a 50/50 JV deal to build 2 new homes with a builder on property i already own? The home thats currently on the property will be turn down and that mortgage will be paid off.
I have a question regarding LLC partnership buyout tax implication. I'm making a simple LLC scenario for easy discussion.The LLC has three partners A B C. LLC did real estate development project: it bought a land and...
Hey Bigger Pockets Family!My husband and I have reached a point where we need to make a concrete decision. We would love your feedback and experiences to help us figure out what we want to do. We are both 25 years old...
I have always been curious how how significant my tax benefits can be from the purchase of real estate. So a little background info on me so you understand why I ask the question.... I am a current multi-unit restaura...
Hello Everyone. I have pretty extensive experience in Real Estate and have flipped 3 houses prior. I am diving back in and become an REI full time. I was advised to start out by doing a Joint Venture (JV) with someone...
So I just got turned down for a construction loan from a local community bank for a spec medical office project that I am planning to build. I have the site under contract and all of the numbers work. I have a several...
I've got a 401(k) with a previous employer that is not doing much in the market these days. I'm considering moving this into either a self-directed IRA (Checkbook) or a 401(a) under my own LLC. Any insight into either...
What would be the rationale for making a loan with a promissary note from your personal name to your LLC instead of just making a capital contribution? Is there some tax advantage to doing that? It seems simpler to j...
I have no debt, nor did I ever. Not a penny. I paid cash for my undergraduate degree. I paid cash for my car. I paid cash for my home. I have no credit card debt. I'll have finished earning my masters, which I paid ca...
I've looked at six different companies and the fees are all over the place. The cheapest so far is Sunwest Trust. Their annual fee is $225 regardless of the number of assets. Their application fee is $50.
Am I gett...