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I had significant losses from the stock market from stupidly selling at the wrong time. Most were held less than a year.
This year I am selling an investment property. I’m trying to decide whether or not to do a 1031...
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Hi everyone!I have set up a holding LLC in WY and plan to put my CA and TX entities within the holding LLC. My question is, how does the process then become for buying properties in your state LLCs? Usually, the title...
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I have an unusual situation:
I own a property which is under contract to sell to my tenants on Nov 1. This happened because they wanted to buy it immediately after I bought it but there is a 3 month deed restriction...
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I am starting out and want to set up an LLC to make sure I am protected. I met someone at a meet up who helps set up LLCs so you remain anonymous but he is not a lawyer. He says he will set up the LLC for you and list...
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We have 2 W2s( Me+ Spouse).Have a primary residence SFH and 2 rentals.I have around $40K of rental income after all the deductions/depreciation.This time I used a CPA and I am a sure he tried his best to get all deduc...
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HelloI’m currently in the process of selling a home and am under contract to purchase another home using 1031 exchange.The home I’m selling is under mine and my wife’s name personally. I understand to compete the 1031...
I asked ChatGPT (response posted below). They all seem like good questions, what do y'all think? What other questions should I be asking myself before deciding to invest in real estate? What was the most important que...
Hello Everyone - My name is Bill, I'm a young professional and homeowner living in the Boston area.I grew up not far from Boston and attended Boston University graduating with a business degree. I worked as a RE agen...
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Hey Everyone,NJ investor here, looking to buy my first STR in the Orlando/ Winter Park Area in the next few months. Curious if anyone has had success (or failure) qualifying for RE Professional status with an STR, eve...
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Hello everyone,
My Canadian company owns a residential property in California and I want to sell it to my own personal name as I am closing my company.I don't know which professional to consult to help me do the tran...