Patrick Farley
Selling versus Renting Dilemma
We have our Denver home listed as we are relocating out of state. It's a new build in a good area. However, we have had fairly low traffic with one offer from investment group to buy and rent, which unfortunately fe...
Najeh Davenport
Is It possible To Form a partnership With a person you don't know personally
Im looking to partner with someone in a multifamily deal 10 or 20 units how does that work? any thoughts?
Hayden Gerstner
Trying to get my first property with practically no background?
Hello, I have been working for over a year at a local real estate firm as an assistant (taking my license exam after the holidays). But I'm straight out of high school. This has been my only real job. And I'm lable...
Frank M.
Self Directed IRA Tax reporting?
For my current rental property, I file a Schedule E each year. And I have to track all expenses and income to do so.
Once I set up and fund an SDIRA via transfer from a regular IRA, what are the reporting req...
Matt Inouye
RE Held In S-Corp
Hey BP Community,Long story short... before BP I received some "bad" counsel from a CPA to put our properties in an S-Corp instead of an LLC (properties are in Sacramento California if that matters).Fast forward 5 yea...
Xavier Karikitan
Four rookies wondering to LLC or not to LLC
I'm one of four rookies who decided to pool our resources together and get into Real Estate Investing. We're a group of friends who trust each other and want to keep our friendship and business relationships intact. W...
Richard Chang
Seeking 1031 Exchange advice
Hi, Thank you all for your responses in advance.I am considering selling one of my two rental properties and do a 1031 Exchange. I’m not an Accredited Investor, so I won’t be able to invest at 1031crowdfunding.Questi...
Ganesh S.
Pay-off NNN mortgage - need an intermetidate LLC
Hi Everyone,
I am paying off a mortgage for a NNN property that I have bought using LLC name A. My attorney is indicating that it may be better to first create a new LLC B where all my funds would be deposited first ...
Rob Saunders
Combining 2 sales into a single escrow?
So the buyer of my 2 duplexes (side by side properties) has asked for a single escrow to save a few bucks. I am looking to do a partial 1031 exchange; around 50% of the total proceeds but not clear as to whether the s...
David Lunsford
transitioning from dealer to investor
After speaking to CPA's, the tax attorney and real estate attorney it's clear I cannot run a dealer business out of one entitiy and create installment sales in another entity without running into problems with the IRS...