Eric Espindola
New Jersey LLC Vs Wyoming LLC
Good Evening Bigger Pockets.In my research, I've read many fascinating opinions about forming a Forgein Entinty LLC in my state. Such as a Wyoming LLC doing business in New Jersey. Although, I do have to pay the fili...
Sandro Hagenbuch
Foreign Gift Tax in New York?
Hi all,My wife and I are looking into buying our first home and have the following question for New York City (where we currently reside) / Jersey City, NJ (where the property is located) :- I understand that it depen...
Daniel B.
Rental to primary residence to rental again and then sell.
Hi, We are trying to figure out if we would have to pay taxes on the sale of a duplex that was our primary residence for 2/5 last years, but unfortunately is more complicated. Property is a duplex, purchased in 2...
Brad Srutowski
Lived in primary residence in CA 2 years, rented out for 1 year. Will I have to pay capital gains???
We had lived in our condo in CA for 2 years and then rented it out while we rented a house to live in. Since this property was an investment as a rental will we have to pay capital gains on it or can we sell and put t...
Jake Thomas
Working with a developer, advice needed. Exclusive listing rights?
Ok fellow BP agents/members, I am looking for some insight and advice on how to handle this situation. This could be my chance to really go fulltime into RE all together. I have come in contact with a local developer ...
Russell Sherman
Cashing out of high gain home
I would like to get opinions to help me determine my best financial options.I am 59 and last year was forced into retirement and also got divorced. My settlement was a single family home I purchased for $295,000 in t...
Brad Rondeau
Getting my FSBO on the MLS
Hi I recently entered a post on this site regarding FSBO of my Laguna Niguel (orange county) CA Condo. I got some good advice and linked up with a good Transaction Coordinator that seems quite good. She has suggested ...
Jerome Maisch
LLC for Primary Residence rented on Airbnb?
Hi All! My wife and I are buying a primary residence in NY state (single-family in Dutchess County) and want to rent it as a short-term rental (Aribnb/ vrbo/ etc.) while traveling (more than 90 days/year). Would you a...
Lane Kawaoka
Capitol gains on sale
1) I bought a home in 9/2009 and lived in it for one year. Then I rented it out until current. If I sold it today and made a 100k profit/gain do I pay 80k of the taxes on the gain? If I move back in for 1 more ye...
Lindsey Leemis
Tax Strategies for Primary Residence (Not Duplex/Triplex)
Hello!I've been lurking on BP for the past several...years #2015 and have been encouraged by recent podcasts to jump on and ask a few questions.A little background, I purchased my first single family (4 bedroom, 4 bat...